It’s tough to keep up with shocking news in Nigeria. I don’t even understand how things spiral anymore. Something really sad and shocking happens one day; then while you’re still trying to get the details of it all, another bomb (no pun intended) hits you so hard, the earlier problem begins to look like a... Read More

bomber, Ebuka Obi-Uchendu, SEC, tortoise, YNaija Frontpage

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Be very afraid: “Stock market will always crash”- says Soludo

by Lekan Olanrewaju Whilst allegations and counter-allegations are traded over the House of Reps probe into the capital market crisis, another party, in the person of former Central Bank of Nigeria Governor, Charles Soludo, has come out to deliver something of a prophecy of doom. Appearing before the House of Reps committee investigating the near-collapse of the... Read More

CBN, Charles Soludo, Nse, SEC

May 8, 2012

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“The 92 Rolex watches remain unaccounted for” – Arunma Oteh hits back at NSE

by Lekan Olanrewaju Director General of the Security and Exchange Commission (SEC), Arunma Oteh on Monday spoke at the resumed hearing of the House of Representatives capital market probe. Oteh, who was involved in the much talked about “mealgate” scandal over the alleged spending of huge amounts of SEC funds on food and hotel bills, among others,... Read More

Arunma Oteh, House of Reps, Nse, SEC

March 21, 2012

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“Stolen in the dead of the night”? The drama heightens as leaked memos suggest SEC offered House committee N30m

by Lekan Olanrewaju A memo presented before the House of Representatives on Tuesday by Chairman of the House Committee on Capital Markets, Hon. Herman Hembe, has proven that the SEC management initiated and offered the House Committee on Capital Markets the sum of N30, 000, 000. The sum according to the memo would cover the... Read More

Hembe, House of Reps, Oteh Arunma, SEC

March 20, 2012

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“Classical snails”??? MealGate drama continues as probe chairman steps down – Plus, see the Transcorp Hilton Receipt!

by Lekan Olanrewaju The saga continues, as the Chairman of the House of Representatives Committee on Capital Market and Other Financial Institutions, Herman Hembe, has stepped down from his role as head of the ongoing probe of the sector. Hembe resigned from the probe following allegations by Director-General of the Securities and Exchange Commission, Arunma... Read More

House of Reps, Oteh Arunma, SEC

March 19, 2012

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Opinion: The Nigerian never-ending story? It’s the season of probes

Considering the recent counter-revelations of which turned the judge to an accused? We might not be off-track if we do not expect any more probes Recently, the Nigerian atmosphere has been inundated with probes and more probes. No doubt, in trying to recall, one would easily be forgiven for skipping out on one or two.... Read More

national assembly, Ngeria, Probes, SEC

March 18, 2012

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Ebuka Obi-Uchendu: “We are all guilty, allegedly” (YNaija Frontpage)

…what we discovered last week was that the DG of the SEC has allegedly been eating quite a lot. ‘Arunma’ literally means ‘good body’ in Igbo. With the sort of buzz Ms Arunma Oteh got on social media, when she was newly appointed as the Director General of the Securities and Exchange Commission, it was obvious... Read More

Arunma Oteh, Ebuka Obi-Uchendu, SEC, ynaija

March 16, 2012

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Round 2! SEC’s Oteh Arunma accuses House of Reps Chairman of demanding bribes

by Lekan Olanrewaju Just as news of her tearful display at the House of Representative Committee during the public hearing of the Capital Market and other Financial Institutions hit the airwaves, the woman once referred to by the BBC as ‘The Iron Lady’ took part in another dramatic display yesterday 15 March. This time, the Director... Read More

House of Reps, Oteh Arunma, SEC

Ebuka Obi-Uchendu: Nigeria and the tortoise (YNaija FrontPage)

Be very afraid: “Stock market will always crash”- says Soludo

“The 92 Rolex watches remain unaccounted for” – Arunma Oteh hits back at NSE

“Stolen in the dead of the night”? The drama heightens as leaked memos suggest SEC offered House committee N30m

“Classical snails”??? MealGate drama continues as probe chairman steps down – Plus, see the Transcorp Hilton Receipt!

Opinion: The Nigerian never-ending story? It’s the season of probes

Ebuka Obi-Uchendu: “We are all guilty, allegedly” (YNaija Frontpage)

Round 2! SEC’s Oteh Arunma accuses House of Reps Chairman of demanding bribes

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