Tag: fine

BRIEF-MTN updates on the fine imposed on MTN Nigeria

Jan 22 MTN Group Ltd : * Further update on the fine imposed on MTN Nigeria * Judge adjourned matter to March 18, 2016 in order to enable parties to try and settle matter * If parties are unable to reach a settlement matter will then proceed on that date […]

NSE Fined 19 Dealing Member Firms N2.4 million in 2013

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) has said it fined 19 Dealing Member Firms a total of N2.4 million between January and December 2013. According to the NSE, the Dealing Member firms were fined for breach of various market rules in relation to Articles 7, 144, […]

U.S., UK to fine ICAP, charge staff over Libor scam

U.S. and British authorities are hours away from fining ICAP, the world’s biggest interdealer-broker, and charging current and former staff in connection with the manipulation of the Libor benchmark interest rate. The rate rigging scandal, which has laid bare the failings of regulators and bank bosses, has already seen three […]