The naira reached the highest in more than five weeks after the Central Bank of Nigeria sold the most dollars in nine months at auctions this week. The currency of Africa’s biggest crude producer gained for the first time this week, adding 0.2 percent to 157.40 per dollar by 3:06 […]
Author: InvestAdvocate
IMF Advise Emerging Markets to Improve Banking Regulation
Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, the Managing Director (MD) of the International Monetary Fund (IMF) Wednesday advised Emerging Markets and Developing Countries to improve their Banking Regulation and Supervision. Lagarde gave this advice in her speech “The Global Policy Actions Needed to Stay Ahead of the Crisis†at the […]
Unclaimed Dividends: Registrars Want Committee’s Report Implemented
Capital market registrars in the country have urged the Securities and Exchange Commission (SEC) to implement the recommendations of the Registrars Information Technology Infrastructure Review Committee as a way of resolving all share registration challenges in the market. Rising unclaimed dividends and delay in certificate verification, among others, are some […]