By Sakthi Prasad (Reuters) – Securities regulators have sent subpoenas to hedge funds and other trading firms as it probes possible insider trading before the U.S. government’s long-term credit rating was cut last month, the Wall Street Journal said, citing people familiar with the matter. U.S. Securities and Exchange Commission […]

By Udeme Ekwere Asset securitisation is one of the options that should be considered as a means of deepening activities in the Nigerian capital market, an investment banker has said. Specifically, the Managing Director, Goldbanc Management Associates Limited, Mr. Olu Abayomi-Sanya, said that the option would work well to grow […]

By Ifeanyi Onuba Hopes of a decrease in lending rates to businesses by banks were dashed on Monday as the Central Bank of Nigeria again raised the benchmark lending rate by 50 basis points to 9.25 per cent. The decision was announced by the apex bank Governor, Mr. Lamido Sanusi, […]