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$1.2b: Banks Seek Probe Of Etisalat’s Management

Culled—Sahara Reporters by Lucas Ajanaku, Assistant Editor, The Nation Jun 21, 2017 The 13 banks involved in Etisalat Nigeria’s $1.2 billion loan are seeking the Federal Government’s intervention to investigate… Read more »

Uber CEO Travis Kalanick resigns under investor pressure

June 21, 2017/Reuters By Heather Somerville and Joseph Menn Uber Technologies Inc Chief Executive Travis Kalanick, co-founder of one of the most influential technology companies of its generation, resigned on… Read more »

N541 billion Debt: Access Bank, others take over Etisalat Nigeria

June 20, 2017/Premium Times Bassey Udo A consortium of banks, led by Access Bank PLC and other Nigerian and foreign banks, has taken over the management of Etisalat Nigeria, effective… Read more »

SunTrust denies withholding NASS members’ salaries

14/6/2017/SunTrust SunTrust Bank has debunked the claim that the bank failed to pay some staff of the National Assembly who protested non-payment of their salaries on Tuesday. It would be… Read more »

SEC Says will Revoke Registration of 400 Capital Market Operators on Non-Compliant of Data Update

June 5, 2017/SEC The Securities and Exchange Commission (SEC) is to revoke the registration of about 400 Capital Market Experts or Professionals who do not comply with the directive to… Read more »

Senate Passes Key Anti-Corruption Bill

Photo Credit: Wikipedia Culled—Proshare May 30, 2017 The Senate has approved and passed the Bill on Mutual Assistance in Criminal Matters between Nigeria and other Foreign States. The executive bill… Read more »

Banks lost N2.19bn to fraudsters in 2016 – CBN

31/5/2017/Punch Ifeanyi Onuba The Central Bank of Nigeria on Tuesday said that Deposit Money Banks in the country lost a total of N2.19bn to fraudsters in the 2016 fiscal period…. Read more »

1MDB-Related Transactions – Financial Penalties Imposed On Credit Suisse & UOB by MAS

Culled—Proshare May 30, 2017/News The Monetary Authority of Singapore (MAS) announced today that it has completed its two-year review of banks involved in 1MDB-related transactions known to-date.  In its latest… Read more »