Credit: The Will AbokiFX, the website that quotes daily foreign exchange rates against the naira, has announced the interim suspension of the updates on its platform following serious allegations of currency manipulation, speculation and illegal dealings in forex leveled against it by the Central Bank of Nigeria, CBN. Godwin Emefiele, […]
Frauds & Scandals
SEC Charges Former Pharmaceutical Global IT Manager in $8 Million Insider Trading Scheme
September 17, 2021/US SEC The Securities and Exchange Commission today announced insider trading charges against Dayakar R. Mallu, of Orlando, Florida, who generated gains and avoided losses totaling over $8 million by trading in the securities of his former employer, Mylan N.V., ahead of four public announcements between Oct. 3, […]
SEC Awards $11.5 Million to Two Whistleblowers
September 17, 2021/US SEC The Securities and Exchange Commission today announced awards of approximately $11.5 million to two whistleblowers whose information and assistance contributed to the success of an SEC enforcement action. The first whistleblower received an award of nearly $7 million, while the second whistleblower received more than $4.5 […]
FirstBank Firstmonie Wallet
