Ecobank Transnational Incorporated on Wednesday announced that its Group Executive Director for Finance and Risk, Mrs. Laurence Do Rego, was no longer its employee. She had been on suspension for several months following a series of controversies. A terse statement by the bank’s Group Head of Communications, Mwambu Wanendeya, read, […]
Tag: Securities and Exchange Commission
11 Dealing Member Firms Licences Revoked As at Jan’06 2014-NSE
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) has said that licences of 11 Dealing Member Firms on its Bourse have been revoked as at January 06, 2014. According to the Brokers Trak report on status of Dealing Member Firms as at the review period, 19 is categorised […]
SEC Moves to Reduce Stockbroking Firms to 50
Strong indications have emerged that the Securities and Exchange Commission (SEC) is aiming to prune the number of stockbroking firms to 50, from the current a 250 active firms. As at December 2013, SEC registered brokers were about 281, with 250 of them being active. According to SEC, 20 per […]
