Tag: Securities and Exchange Commission

SEC Declares David Torty, TMA Consulting Illegal Operator

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigeria’s Securities and Exchange Commission (SEC) Friday announced that one Dr. David Torty and TMA Consulting Group is illegal operator in the Nigerian capital market (NCM).  In its official website, SEC said David Torty and TMA Consulting are not registered by the Commission to […]

ETI Board Holds Meeting in Lome Today

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The board of pan-African bank, Ecobank Transnational Incorporated (ETI) will Monday (today) February 03, 2014 in Lome Togo hold a crucial meeting in respect of corporate governance issues as directed by Nigeria’s Securities and Exchange Commission (SEC). InvestAdvocate gathered that the meeting will focus on […]

Shareholders accuse ex-MTI directors of fraud

Shareholders of Mass Telecommunication Innovation Plc have accused five former directors of the company of illegally utilising about N5.2bn raised by the company through private placement in 2008. A petition written on behalf of the Chairman, MTI, Kasimu Garba, and other shareholders, to the Securities and Exchange Commission by Punuka […]