* CEO’s tenure under scrutiny after governance criticised * Nigeria’s SEC criticised Ecobank hiring, called for new chairman * Ecobank says to strengthen governance, call shareholder meeting * Investors disappointed by bank’s lack of governance * Ecobank spokesman says 2013 profits strong, share price unaffected Ecobank’s response to criticism […]
Tag: Securities and Exchange Commission
NSE Awaits SEC Approval on Rules for Operating Investor Protection Fund
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Wednesday said it’s awaiting the approval of the Securities and Exchange Commission (SEC) on the rules for operating the Investor Protection Fund (IPF). Oscar Onyema, the Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE) made this disclosure at […]
SEC Direct Operators to Release Only Documents Signed by Named Auditor/Partner
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – Nigeria’s Securities and Exchange Commission (SEC) Wednesday directed all operators in the Nigerian Capital Market (NCM) to release only documents signed by a named auditor/partner. This is coming on the heels of the ruling of the Court of Appeal Lagos, delivered on December […]
