By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Bears on Wednesday returned to the Nigerian equities market after a one-day respite as all-share index ASI) dipped 0.23 percent on massive sell-offs to close at 30,042.38 basis points, while market capitalisation declined by N24.07 billion to N10.30 trillion. The declined led to current Month-to-Date […]
Capital Market
IOSCO-CPMI Issues Harmonisation of Unique Transaction Identifier Report
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Organisation of Securities Commissions (IOSCO) and the Committee on Payments and Market Infrastructures (CPMI) on Wednesday unveiled a report on Harmonisation of Unique Transaction Identifier (UTI). According to both organisations, G20 Leaders agreed in 2009 that all over-the-counter (OTC) derivatives contracts should be […]
Cote D’Ivoire firm acquires 28.2% stake in Equity Assurance
A leading Cote D’Ivoire’s insurance company, Sunu Assurances Vie Cote D’Ivorie has received the approval of the Nigerian Stock Exchange (NSE) to acquire 28.2 per cent equity stake in Equity Assurance Plc, in a deal valued at N1.25 billion. Sunu Assurances would be acquiring a total of 2.497 billion ordinary […]
