New York Stock Exchange rules governing everything from how traders connect their computers to when prices are disseminated to floor brokers were either inadequate or ignored by the exchange operator over five years ending in 2012, regulators said today. NYSE, which was bought by IntercontinentalExchange Group Inc. last year, agreed […]
Author: InvestAdvocate
AMCON Debt Recovery Hits 112%, Says Chike-Obi
The Asset Management Corporation of Nigeria (AMCON) has recovered 112 per cent of its debt, its Managing Director/Chief Executive Officer, Mr. Mustapha Chike-Obi said Wednesday. Speaking at a symposium organised by the Bank Directors Association of Nigeria (BDAN) in Lagos, Chike-Obi expressed satisfaction that the corporation has been able to […]
IMF Approves $17 Billion Loan for Troubled Ukraine
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday approved a two-year $17 billion loan facility for troubled and cash-strapped Ukraine. The IMF said its executive board approval Wednesday was under its exceptional access policy and paves the way for immediate disbursement of $3.19 billion. The Fund said […]
