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AMCON Disowns Media Stories On Grant Properties Limited

December 5, 2017/AMCON The attention of Asset Management Corporation of Nigeria (AMCON) has been drawn to some sponsored and inaccurate stories on some online publications regarding a pending debt-related issue… Read more »

SEC Insist on Forensic Investigation of Oando

December 5, 2017/SEC The Securities and Exchange Commission has reiterated its decision to conduct a Forensic Exercise into the activities of Oando Plc.  This commitment is contained in a letter dated December… Read more »

Mounir Gwarzo SEC DG, Two Others Suspended for Financial Impropriety

Mounir Gwarzo, Suspended Director General of Nigeria’s Securities and Exchange Commission (SEC) By InvestAdvocate Lagos (INVESTADVOCATE)-Mounir Gwarzo, the director general (DG) of the Securities and Exchange Commission, (SEC) was on… Read more »

Lest the Whistle-Blowers Run Mad

November 28, 2017 ‘There is no doubt that the rule of law is unambiguously enshrined in the Nigerian Constitution. The only surprising thing to any competent individual is the blatant… Read more »

FHC Strikes Out Oando Suit Against SEC, Refers Plaintiff To IST Citing Lack of Jurisdiction

Culled—-Proshare November 24, 2017/ News  A case filed by Oando PLC against the Securities and Exchange Commission (SEC) has been striked out the Federal High Court sitting in Lagos seeking… Read more »

Capital Market scam: Okumagba absent as Case adjourned to January 25

Albert Okumagba, Managing Director, BGL Group November 6, 2017/SEC Chief Magistrate Chinyere  Elewe Nwecheonwu of Chief Magistrate Court Zone 6, Abuja on Monday adjourned till January 25, 2018, further hearing on… Read more »

Rogue CEO Ogiemwonyi, Jassey-Jabbar, Others to Appear Before NSE Disciplinary Committee November 14’17

By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-Rogue CEO of Partnership Investment Company Plc,  Victor Ogiemwonyi, Fisayo Jassey-Jabarr,  Mathew Ojo, Alex Adeusi and Partnership Securities Limited are to appear before the  Disciplinary Committee… Read more »

SEC arraigns Man over Capital Market Identity scam

October 31, 2017/SEC The zero tolerance stance on market infractions and fraud of the Securities and Exchange Commission (SEC), received yet another major boost Tuesday when Mr. Oyekun Akinsemoyin was arraigned before… Read more »

Two banks drop McKinsey in fallout from South Africa scandal

30/10/2017/Reuters TJ Strydom Barclays Africa and Standard Bank said on Monday they would stop working with McKinsey, a further blow to the global consultancy as it faces allegations of bribery… Read more »

Benedict Peters, Aiteo Executive Vice Chairman, Assembles Legal Team to Address Unfounded Allegations

October 27, 2017/Aiteo Group Benedict Peters, Executive Vice Chairman of Aiteo Group (, has instructed London law firm Mishcon de Reya and Washington’s Covington & Burling to lead ongoing efforts… Read more »