Capital Market

Nigeria naira firms 0.18 pct as oil companies sell dollars

Oct 29, 2014/Reuters The Nigerian currency firmed 0.18 percent to 165.40 naira against the U.S. dollar on Wednesday, after two multinational oil companies sold the greenback on the interbank market, dealers said. Dealers said the local unit of ExxonMobil sold $50 million, while French oil firm Total sold $88 million, […]

Nigerian Equities Market Maintain Southward Profile, Benchmark Index Decline 0.36%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday maintained its southward profile as all-share index (ASI) declined 0.36 percent to close at 38,148.18 points, while market capitalisation lost N45.83 billion to close at N12.64 trillion. The Cordros daily market update say the southward profile of the nation’s […]

IOSCO Updates Information Repository for Central Clearing Requirements for OTC Derivatives

Press Release Oct 28, 2014/IOSCO The International Organisation of Securities Commissions (IOSCO) today released an update of its information repository for central clearing requirements for OTC derivatives, which provides regulators and market participants with consolidated information on the clearing requirements of different jurisdictions. By providing this information, IOSCO seeks to […]