Capital Market

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 […]

Nigeria’s Nasarawa State issues 5 bln naira 2021 bond: advisers

Nigeria’s central state of Nasarawa has issued a 5 billion naira seven-year bond, under a 20 billion naira infrastructure finance programme, at 15 percent, the issuing houses said. Nasarawa state, which has a population of 2 million people, raised the funds to mature on January 6, 2021, the advisers said […]