Author: InvestAdvocate

Emerging Market Growth Slowing Down-IMF

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF)on Thursday said growth in most emerging markets (Ems) has been slowing down since 2010-11 according to its staff discussion note titled: ‘’Emerging Markets in Transition: Growth Prospects and Challenges’’. The report said after suffering important setbacks during the 1980s and […]

Excess COT Charges: CBN Order Banks to Refund Customers within 30 days

Lagos (INVESTADVOCATE)-The central bank of Nigeria (CBN) on Thursday ordered deposit money banks to refund to customers who have been charged above the N2 per mille as contained in the revised guide to bank charges- commission on turnover (COT) issued on March 27, 2013. This is contained in a circular […]

BSI Rates CBN Highest in Global Information Security Standard

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The British Standards Institute (BSI), Wednesday rated the central bank of Nigeria (CBN) highest in maintaining global information security standard. A statement from the CBN said Vikas Mulkutkar, surveillance auditor of the BSI disclosed this during the closing ceremony of the ISO 27001 surveillance audit […]