It was followed by Okomu Oil, which gained N2.92 to close at N53.94, while International Breweries inched by N2.37 to close at N26.07 per share
Browsing: Nigeria Stock Exchange
The duo of Hembe and Azubogu are being prosecuted by the EFCC for allegedly converting the sum of $4,095 paid to them as estacode for a conference in the Dominican Republic, which they failed to attend, thereby committing an offence contrary to section 308 of the Penal Code Act Laws of the Federal Republic of Nigeria, 1990
However, when the NSE did its account reconciliation in August, 2012, it was discovered that Ehiemere had allegedly fraudulently converted N190,000,000, being the total sum collected, to his use without remitting same to NSE’s account