The Securities and Exchange Commission (SEC) Nigeria has said that efficient dispute resolution mechanism adopted by well-informed adjudicators holds great potential for sustainable growth of the nation’s capital market and engender investor confidence in the bourse. The commission’s Director-General, Mr. Lamido Yuguda, made this remark at a one-day workshop organised by the Investment and Securities […]
Tag: Investment and Securities Tribunal (IST)
NDIC Flaws Tribunal’s Decision On Ecobank, Winners Medical Diagnostics’ Case
The Nigeria Deposit Insurance Corporation (NDIC) has flawed the decision of the Investments and Securities Tribunal (IST) on case No. IST/OA/03/19 between Winners Medical Diagnostics Ltd and Ecobank, saying the Tribunal misconstrued and consequently misapplied the clear provisions of the relevant laws governing bank liquidation in Nigeria. The corporation’s stance on the decision was expressed […]