World News

Obama to choose Yellen for top Fed job, markets relieved

U.S. President Barack Obama will nominate Fed number two Janet Yellen on Wednesday to run the world’s most influential central bank, providing some relief to markets that would expect her to tread carefully in winding down economic stimulus. The nomination will put Yellen on course to be the first woman […]

Global Credit Ratings upgrades Ecobank Nigeria to A-(NG)

Nigeria, October 8, 2013: Leading emerging market focused ratings agency, Global Credit Ratings (GCR), has upgraded the long-term national scale and affirmed the short term national scale issuer ratings assigned to Ecobank Nigeria to A-(NG) and A2 (NG) respectively. This implies that Ecobank Nigeria is healthy, sound and has stable […]

IOSCO Board Focuses on Growing Risk of Cybercrime in Global Financial Markets

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – The Board of the International Organization of Securities Commissions (IOSCO) has focused on the growing risk of cybercrime in the global financial markets. This is contained in a Statement by Yakubu Olaleye, Head Media of Nigeria’s Securities and Exchange Commission (SEC) and made […]