Addressing these concerns, the S.E.C.’s chairwoman, Mary Jo White, emphasized on Wednesday that the agency would provide companies some flexibility in complying with the rules. This would include allowing them to determine the median pay of their employees by using a statistical sample. “The S.E.C. has done a terrific job […]
Author: InvestAdvocate
Osun state selling Nigeria’s first Islamic bond -bankers
Nigeria’s Osun State has begun offering the country’s first Islamic bond, taking a major step towards developing an Islamic finance industry in Africa’s most populous nation, bankers said on Thursday. The issue makes Nigeria the first big economy in sub-Saharan Africa to market a sukuk, although Gambia has been selling […]
Nigeria central bank expects below-target inflation in 2014
Nigeria’s central bank expects inflation to remain below its single-digit target throughout 2014, as it has this year, Deputy Governor Kingsley Moghalu said on Thursday. He also said growth next year was projected at 7.6 percent, which compares with a rate this year of around 6.5 percent. He added that […]