Capital Market

Capital Reduction: Cadbury Nigeria Board Insist Shares Remain on Full Suspension

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The board of directors of beverage makers, Cadbury Nigeria Plc Friday said it’s insisting that trading in shares of the company remain on full suspension at the Nigerian bourse until a certificate of decrease in share capital has been issued. The company in a notice […]

Nigeria c.bank tightens rules for currency dealers to support naira

* Central bank to require dealers to park naira at c.bank before currency auctions * Naira has fallen 2.9 percent so far this year * Dealers say latest move unlikely to halt slide in local currency * Central bank has been selling $800 mln weekly at forex auctions Nigeria’s central […]

CPSS-IOSCO Report 18 Responses on Quantitative Disclosure by CCPs

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The Committee on Payment and Settlement System (CPSS) and the International Organization of Securities Commissions (IOSCO) Friday reported it has received 18 responses to the CPSS- IOSCO consultative document on the Public quantitative disclosure standards for central counterparties (CCPs), which was published on 15 […]