Tag: InvestAdvocate

Stockbroker sentenced to 7 years imprisonment for unauthorized sale of shares

January 1, 2016/SEC The Securities and Exchange Commission (SEC) wishes to inform the investing public that Mr. Tajudeen Folaji, a former stockbroker with First Alstate Securities Limited, has been sentenced to seven years imprisonment by the Lagos State High Court presided over by Justice Kudirat Jose. The court found him […]

Naira falls to 267.5 as dollar demand rises

Culled—Punch by Femi Asu The demand for the United States’ dollar at the parallel market was up on Tuesday, driving down the naira to 267.5 against the greenback. The naira had on Monday closed at 265 against the dollar in the unofficial market, compared to 263 on Sunday. The Acting […]

Heritage Bank CEO Advocates Increased Awareness on Financial Inclusion

By InvestAdvocate Lagos (INVESTADVOCATE) – Ifie Sekibo, the chief executive officer of Heritage Bank Limited has advocated increased awareness on financial inclusion so as to bring more Nigerians into the financial system. Sekibo said this during the presentation of the Gold Sponsorship award for 2015 to Heritage Bank by the […]