Fraud & Scandals Subscribe to Fraud & Scandals

Shareholders urge ETI to comply with SEC directives

Shareholders have urged Ecobank Transnational Incorporated to comply fully with the directives that the Securities and Exchange Commission gave it after the commission carried out a corporate governance audit of… Read more »

Corporate Governance: Ecobank Transnational Engage Swiss IMD, EY

By Yakubu LAAH InvestAdvocate Lagos INVESTADVOCATE)-Ecobank Transnational Incorporated (ETI) Monday said it has engaged the services of Global Board Centre of the renowned Swiss business school, the International Institute for… Read more »

SEC gives ETI Plc 7 days ultimatum to reverse sack of Do Rego

The frail stability achieved by Ecobank Transnational Incorporated (ETI), the Lome, Togo-based parent company of Ecobank Nigeria Plc in the last few weeks is now threatening to crack open at… Read more »

I won’t quit before June, Sanusi dares Jonathan

The controversy surrounding the planned exit of the Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, deepened on Thursday with the governor insisting that he would not quit… Read more »

Investigations reveal that SEC Nigeria rushed to Judgment on ETI – The Exclusive!

On January 09, 2014, the Securities and Exchange Commission (SEC) released its “Investigation Report of ETI’s Corporate Governance Practices” and made a number of recommendations and advise for ETI to… Read more »

Corporate Governance Audit: SEC Advise ETI to Appoint Chairman

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Thursday advised Pan-Africa Bank, Ecobank Transnational Incorporated (ETI) to appoint a substantive board Chairman who will lead the effort… Read more »

Ecobank’s suspended director quits

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… Read more »

NSE Announce 16 Dealing Member Firms with Inadequate Shareholders Funds

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – The Nigerian Stock Exchange (NSE) has reported that 16 Dealing Member Firms on its Bourse has inadequate shareholders funds as at December 31,… Read more »

NSE Suspends 39 Dealing Member Firms Operating Without Compliance Officers

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said it has suspended 39 Dealing Members Firms for operating without Compliance Officers. This is contained in the NSE’s Brokers… Read more »