ICPC questions Tunde Lemo, CBN deputy governor

Tunde Lemo, CBN deputy governor

“The messy attrition that played out during the tenure of Mr. Adebisi Omoyeni as Group Chief Executive of Wema Bank Plc still echoes on months after Omoyeni had been formally removed from office. In a counter move to what turned a near violent effort to sack him from office, Omoyeni who was recalled from […]

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March 16, Vol II Issue 6 Edition

Volume II, Issue 6

THIS WEEK COVER STORIES

ICPC questions Tunde Lemo, CBN deputy governor

2009 Forbes Profile of Billionaires: Femi Otedola joins Dangote on World’d Richest List

EFCC compels Sterling Bank to admit cheating customer of N10.5m

Investors should not pay Interest on Stock Broker’s Margin Account-Forensic Accountant

2009 Forbes Profile of Billionaires: Femi Otedola joins Dangote on World’d Richest List

Femi Otedola(l), Aliko Dangote(r)

Nigeria may have the honour of having two of its citizens listed in the 2009 edition of the annual Forbes list of the world richest. Fortune&Class Weekly can report that Mr. Femi Otedola, Chairman of African Petroleum Plc and Zenon Oil and Gas would join Alhaji Aliko Dangote, the first Nigerian on the list […] Continue reading here.

EFCC compels Sterling Bank to admit cheating customer of N10.5m

Banking relationship did certainly went awry between Sterling Bank and Great Bakis Limited, its customer that had taken several loan and overdraft facilities from the bank. This banking relationship should, under normal circumstance, have ended on a happy note had the bank shown some conscientiousness in its figure adds up.

The figures did not add […] here

Investors should not pay Interest on Stock Broker’s Margin Account-Forensic Accountant

Not a few investors have come under the hammer of their stockbrokers after they were availed the opportunity of the now burdensome margin account facilities with all the overlays of a banking credit transaction. Now, a forensic accountant, Ori Adeyemo of Forensic Consulting, has taken issue against what he describes as the illegality of […]

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