Bloomberg and FMDQ OTC PLC announce the launch of the Bloomberg E-Bond trading and market surveillance system, a new electronic trading system for Nigerian government bonds that today commenced operation under FMDQ’s over-the-counter (OTC) market securities exchange. Jointly developed by Bloomberg, FMDQ and the local market-maker community, the Bloomberg E-Bond […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) at the weekend announced the names of six (6) licensed custodians. On the list are First Pension custodian, UBA Nominee, Stanbic Nominee, Zenith Pension custodian, Diamond Pension Custodian and FCMB Nominee. However, the CBN disclosed no details of the […]

China’s e-commerce giant Alibaba Group Holding Ltd is planning a U.S. IPO in the third quarter of this year, people familiar with the matter told Reuters, in what is the expected to be a more than $15 billion deal. The Hangzhou, China-based company, which controls about 80 percent of the […]