November 6, 2015/IOSCO The Board of the International Organisation of Securities Commissions (IOSCO) today published the final report Transparency of Firms that Audit Public Companies. The report addresses “audit firm transparency reporting”, which considers the practices employed by audit firms to be transparent in their own reporting to investors and […]
Capital Market
Nigerian Equities Post Moderate Loss of 0.01% to Close Week
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian equities on Friday closed the week with a marginal loss as all share index (ASI) declined 0.01 percent to close at 29,175.35 basis points, while market capitalisation appreciated 0.02 percent to close the week at N10.029 trillion. “Similarly, all other Indices finished lower during […]
CBN Affirms Use of BVN for FOREX Transactions
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central bank of Nigeria (CBN) on Thursday affirmed the use of Bank Verification Number (BVN) for foreign exchange (FOREX) transactions. The CBN says it has however come to its notice that some customers are reluctant in disclosing their BVN to authorised dealers and buyers […]
