Author: InvestAdvocate

IOSCO Gains 100th Signatory against Cross-Border Financial Misconduct

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – International Organization of Securities Commissions (IOSCO) Friday said it has gained its 100th signatory in the fight against cross-border financial misconduct. This is contained in a Statement from IOSCO and made available to InvestAdvocate in Lagos Nigeria The Indonesian Financial Services Authority became […]

SEC Approves New Rules for NSE

NOTIFICATION OF NEW RULES OF THE NIGERIAN STOCK EXCHANGE Please be advised that The Exchange has received the Securities and Exchange Commission’s approval to the following Rules: Rules and Regulations Governing Dealing Members (Amendments to existing rules as well as new rule provisions) (effective: 22 November 2013); Rules for Registration […]

Senate scores AMCON low on debt recovery

Members of the Senate on Thursday scored the Asset Management Corporation of Nigeria low, saying the agency had failed to live up to its objective of recovering toxic debts owned by some commercial banks. The senators also condemned the  alleged ineffective use of the N5.6tn voted into the agency by […]