Capital Market

IOSCO Focuses on Deeper Markets, Stronger Regulatory Capacity to Enhance Emerging Market Resilience

Press Release The Board of the International Organization of Securities Committees (IOSCO) met in Kuala Lumpur this week to drive its work on key issues facing global financial markets and securities regulators. Malaysian Prime Minister Najib Razak, who delivered a special address at the IOSCO Board dinner, emphasized the key […]

Nigeria’s naira falls 1 pct to 166.35 in volatile trading

Nigeria’s naira fell 1 percent to 166.35 against the U.S. dollar in volatile trading, a day after the President suspended outspoken Central Bank Governor Lamido Sanusi, dealers said on Friday. The naira opened at 164.90 to the greenback, traded for a short-period and rose to 167 before it shut down, […]

Oando awaits regulatory clearance for COP deal

Oando Energy Resources’ (OER) says it has raised all funds necessary to conclude the acquisition of ConocoPhillips Nigerian assets. It also says in a statement that there is not an ongoing $330 million sale of its drilling subsidiary, Oando Energy Services (OES). “We wish to explicitly state that OER has […]