Press Release, June 2, 2015/IOSCO Today the Joint Forum released its report Developments in credit risk management across sectors: current practices and recommendations. The report provides insight into the current supervisory framework around credit risk, the state of credit risk management at firms and implications for the supervisory and regulatory […]
Capital Market
Nigerian Stocks Rebounds, Index Inch Up 0.05%
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Tuesday rebounded after plunging 0.77 percent Monday on the inauguration of President Muhammadu Buhari as the new leader of the Federal Republic of Nigeria. At the end of transactions on the Nigerian Stock Exchange (NSE) all-share index (ASI) closed at 34,061.89 points, […]
New Capital Base for CMOs: SEC Says No Going Back on Sept’ 30 Deadline
By InvestAdvocate Lagos (INVESTADVOCATE)- The Securities and Exchange Commission (SEC) on Monday said it would not grant any further extension to capital market operators (CMOs) who are yet to meet the new minimum capital requirements by September 30 deadline. The Commission in a circular on its official website advised all […]
