THURSDAY, 01 JULY 2010 01:09  In recent years, trading and settlement volumes especially with the Securities Settlement System (SSS) have soared, as securities markets have become an increasingly important channel for intermediating flows of funds between borrowers and lenders and as investors have managed their securities portfolios more […]
Author: InvestAdvocate
Insurance industry premium hits N200bn
THURSDAY, 01 JULY 2010 01:19 MODESTUS ANAESORONYE   The nation’s insurance industry has recorded a premium income of N200.6 billion for the financial year ended December 31, 2009, as against N150.3 billion it posted the same period in 2008, indicating a 33.5 percent growth. The growth, according to analysts, […]
Money laundering: Senate may ban cash payment above N5m
THURSDAY, 01 JULY 2010 01:20     The Senate on Wednesday commenced consideration of the Money Laundering Act (Repeal and Re-enactment) Bill 2010 making it illegal for any person or corporate body to make or accept cash payments exceeding N5 million and N10 million, respectively.  The Senate, […]
