Author: InvestAdvocate

Patronage politics boosts demand for dollars in Nigeria

Managing a monetary system is hard work in any country. But in Nigeria, Lamido Sanusi, central bank governor, has an additional problem: a surge in US dollar demand as politicians build war chests for an election still 18 months away. The stakes ahead of the presidential 2015 poll, in which […]

Global Credit Ratings upgrades Ecobank Nigeria to A-(NG)

Nigeria, October 8, 2013: Leading emerging market focused ratings agency, Global Credit Ratings (GCR), has upgraded the long-term national scale and affirmed the short term national scale issuer ratings assigned to Ecobank Nigeria to A-(NG) and A2 (NG) respectively. This implies that Ecobank Nigeria is healthy, sound and has stable […]

IOSCO Board Focuses on Growing Risk of Cybercrime in Global Financial Markets

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – The Board of the International Organization of Securities Commissions (IOSCO) has focused on the growing risk of cybercrime in the global financial markets. This is contained in a Statement by Yakubu Olaleye, Head Media of Nigeria’s Securities and Exchange Commission (SEC) and made […]