A long-running fight comes to a head on Monday when court proceedings begin over an $8.5 billion settlement between Bank of America Corp and investors in mortgage securities that turned sour in the financial crisis. Bank of America agreed to the proposed settlement in June 2011 to resolve claims by […]
Author: InvestAdvocate
Nigeria to Sell Inflation-Linked Bonds Within 4 Years, DMO Says
Nigeria plans to sell inflation-linked bonds to address the concern of investors about the impact of inflation on the domestic debt market, the Debt Management Office said. “The inflation-linked bond is part of our 2013 to 2017 strategic plan,†Abraham Nwankwo, director general of the agency known as DMO, told […]
AMCON Reviews Agents Agreements for Securities Lending
Securities lending will soon take root in the Nigerian capital market as prospective lenders and appointed securities lending agents are reviewing their agreements and proposals expected to facilitate the process. Securities lending, which is the act of loaning a stock, derivative, other securities to an investor or firm is an […]
