Thursday, April 18, 2013

Nigerian regulator lifts capital market ban on Ecobank

(Reuters) - Nigeria's stock market regulator said on Thursday it had lifted a suspension on Ecobank from capital market activities, imposed last month because of irregularities surrounding a margin loan.

"The suspension on Ecobank has been lifted ... they can now participate in capital market activities," Securities and Exchange Commission spokesman, Yakubu Olaleye, said.

Last month, the Securities and Exchange Commission said an Ecobank client Arian Capital Management had used

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