Tag: Securities and Exchange Commission

Pan-Africa Lender ETI to Reconstitute Board

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Pan-Africa lender Ecobank Transnational Incorporated (ETI) Friday said its set to reconstitute its board of directors. This is coming on the heels of a proposed extraordinary general meeting (EGM) of the bank scheduled for Monday, March 03, 2014 in Lome, Togo. Apart from reconstituting […]

Ecobank calls EGM on reform after criticism by Nigerian watchdog

Ecobank has called an extraordinary general meeting for March 3 to adopt an action plan and reconstitute its board of directors in response to criticism of its governance by Nigeria’s securities regulator. The meeting of one the biggest financial institutions in sub-Saharan Africa will also adopt a resolution on capital […]

Wonder Bank: SEC Seals-Off 32 State Offices of New Nation

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Wednesday announced it has sealed off 32 offices of New Nation a wonder bank. SEC in a Statement by Yakubu Olaleye, head of media and made available to InvestAdvocate in Lagos Nigeria said in an unprecedented clampdown, the commission […]