Capital Market

Merger: C&I Leasing Appoints Cordros Capital Liaison Stockbroker

By InvestAdvocate Lagos (INVESTADVOCATE) –Leasing firm, C & I Leasing Plc has appointed Cordros Capital Ltd (Cordros) as their liaison stockbrokers in respect to their proposed corporate restructuring, the company said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). It is intended that the restructuring be carried out […]

CBN Unveils Guidelines on Management of Dormant Accounts, Unclaimed Funds

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The Central Bank of Nigeria (CBN) has unveiled guidelines  Guidelines on the Management of Dormant Accounts and Other Unclaimed Funds by Banks and Other Financial Institutions in Nigeria. This is contained in  a circular with reference number FPR/DIR/CIR/GEN/05/013 dated October 7, 2015 and signed […]

Communiqué of the Thirty-Second Meeting of the IMFC

October 9, 2015/ IMF Chaired by Mr. Agustín Carstens, Governor of the Bank of Mexico Global economy The global recovery continues, but growth remains modest and uneven overall. Uncertainty and financial market volatility have increased, and medium-term growth prospects have weakened. In advanced economies, the recovery is expected to pick […]