Capital Market

Dealers Say Naira Records Biggest Monthly Drop in Five Years

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The naira on Friday recorded its biggest monthly decline in over five (5) years this February, a Reuters report quoted dealers as saying. The report said dealers cited concerns over political uncertainty and the Central Bank of Nigeria’s (CBN’s) inability to manage the currency amidst […]

Nigeria’s SEC Signs MoU on Technical Support with CMC Angola

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) said on Thursday it has signed a Memorandum of Understanding (MoU) with the Angolan Comissão do Mercado de Capitais (CMC) to cover areas of technical support and information sharing, SEC said in a statement on its official website. The Commission said the […]

IOSCO, CPMI Release Quantitative Standards for Central Counterparties

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Organisation of Securities Commission (IOSCO) and Committee on Payments and Market Infrastructures (CPMI) on Thursday published Public Quantitative Disclosure Standards for Central Counterparties. IOSCO, CPMI says the standards is to help ensure that the risks of using central counterparties (CCPs) are properly understood, […]