Nobody wants to change the winning team

Durability is all about performance. It is all encompassing. Performance in terms of the car performing below specification, if a car could do XYZ, that is, talking about the basic features.

Expert Decries Bank Charges On Returned Cheques As Illegal

As published in the Oct 13, Issue 38. ULD by ol’Victor Ojelabi

Mr. Ori Adeyemo, a forensic accountant and crusader for streamlined bank charges, has decried bank charges on returned cheques and described the fee deducted from accounts in consequence of returned cheques as illegal.

“It is trite that by virtue of Section 10, subsection of the [...]

Millionaire Bank Customers In Dilemma Over EFCC New Rule

As published in the Sept. 28, Issue 33. ULD by ol’Victor Ojelabi.

Until this past July, many commercial banks operating in the country had merely paid perfunctory attention to the demands of the Money Laundering (Prohibition) Act 2004 which require banking institutions to display notice in a conspicuous place directing the attention of customers and the [...]

Cancellation of uniform year-end saves banking sector …bank stocks now best buys – experts

Since mid-2007, we had stridently made calls for reformation of the Nigerian stock market, we had published stories of infractions that threaten the integrity of the market, we had revealed manipulative antics of some operators and their collaborators, and had asked for more pro-active monitoring and supervision of the market, especially in transactions involving moribund companies. Some had hailed our courage for revealing the truth, some had vilified us, and some did not even pay any attention to our positions. But a five-month bearish run in the market has justified our position calling on all market players to play by the rules. The roll-out of emergency measures to put in abeyance the unwholesome domination of the capital market by the bears, have justified our principled position.

Yet, the surveillance continues.

Finally! Arisekola takes control at FirstBank

As published in the Sept. 28, Issue 33. Uploaded by ol’Victor Ojelabi.

Public attention, especially in the investment and banking sectors, have been riveted on Mr. Sanusi Lamido Sanusi, FirstBank Plc’s Executive Director, Risk and Management Control, whose appointment as the Managing Director-designate of FirstBank Plc was announced about two weeks ago.

For insiders of the [...]

How to become a forensic accountant

NATHANIEL COLE COME HIGHLY RECOMMENDED WITH 30 YEARS POST QUALIFICATION EXPERIENCE IN FORENSIC ACCOUNTING, HIS ARRAY OF FRAUD DETECTION CERTIFICATIONS IN THE UNITED STATES OF AMERICA PLUS HIS FELLOW STATUS WITH NIGERIA’S ICAN TELLS OF PRACTITIONER THAT HAS MOVED THE ACCOUNTING BEYOND THE BASICS AS OBTAINED IN NIGERIA.

IN THIS INTERVIEW WITH NIYI AKINSIJU, GOKE OLUWOLE AND SEGUN BANJO, NATHANIEL COLE EXPLORES THE OPPORTUNITIES INHERENT IN THE PRACTICE OF FORENSIC ACCOUNTING AND PROSPECTS OF ELEVATING THE NIGERIAN JUDICIAL SYSTEM TO A HIGHER LEVEL WITH THE ADOPTION OF EXPERT WITNESSES.