Category: Compliance

Steinhoff Ex-CEO Jooste Fined $9.9m for Insider Deals

Steinhoff International Holdings NV former Chief Executive Officer Markus Jooste has been fined more than 162 million rand ($9.9 million) by a South African regulator for insider trading ahead of the…

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Resurgence of Piracy in the Gulf of Guinea

In January this year when Nigeria was rated number one in pirates attack in the Gulf of Guinea by the International Maritime bureau (IMB), Nigeria stepped up its fight against…

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Alpha-Beta got over N150bn commission on Lagos revenue – Ex-MD

A former Managing Director of Alpha-Beta Consulting LLP, Oladapo Apara, says the firm has got over N150 billion as 10 per cent commission for “computing, tracking and reconciling” Lagos State’s…

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COVID-19: Disengaged staff petition Pencom over withheld unremitted pension funds to PFAs.

Emileo Castrol Former staff of Vintage Press Limited publishers of The Nation newspapers have petitioned the Director General National Pension Commission (PenCom) over backlog of unremitted pension due to workers.…

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Malami to Open up on Magu, Ready to Testify before Salami Panel

The Attorney-General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami (SAN), wednesday expressed his readiness to appear before the presidential panel investigating the suspended Chairman of the…

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DataPro Group Hosts CAMA 2020, AML/CFT Compliance Webinar

In a bid to further open up discuss on the implementation of CAMA 2020 by the AML/CFT Compliance Reporting Entities and Accountable Institutions in Nigeria, DataPro Group is set to…

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Nigeria Has Established Prima Facie Case of Fraud against P&ID, UK Court Rules

A United Kingdom Commercial Court has held that Nigeria has successful established a prima facie case against Process and Industrial Development Limited (P&ID) in the Gas Supply Processing Agreement (GSPA).…

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The Nigerian drummer who set the beat for US civil rights

  IMAGE COPYRIGHTGETTY IMAGES Three years before Rosa Parks' bus boycott, Nigerian drummer Babatunde Olatunji protested against racial segregation in the southern states of America. He was part of a…

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Ayuli Jemide Emerges as New Chairman of NBA-SBL

Lead Partner in the corporate law firm, Detail Solicitors, Mr. Ayuli Jemide has been elected as Chairman of the Nigerian Bar Association’s Section on Business Law. In his acceptance speech…

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Charlie Hebdo: 14 suspects face trial over Paris massacre

Fourteen people are on trial in France over the deadly attack on the satirical magazine Charlie Hebdo in 2015. Most of the alleged accomplices are in court in Paris, but…

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