Capital Market

IOSCO Unveils Eight Principles on Protection of Client Assets

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The International Organization of Securities Commissions (IOSCO) Wednesday unveiled eight (8) principles on the protection of client assets. IOSCO in a Statement made available to InvestAdvocate says the final report on recommendations regarding the protection of client assets seeks to help regulators improve the supervision […]

Nigerian Bourse Joins Global Surveillance Group

Press Release The Nigerian Stock Exchange (NSE) is the latest bourse to be admitted by the Inter-market Surveillance Group (ISG) as the allianc erecently informed The NSE that its application to join the ISG was successful after a rigorous review process. The admission of the NSE to the ISG is […]

South Africa’s central bank hikes key rate to 5.5%

South Africa’s central bank raised its key interest rate to 5.5 percent on Wednesday as concerns grew over its weakening currency amid an emerging market rout. The bank hiked its key interest rate – the rate at which it lends to commercial banks – 50 basis points (bps) to 5.5 […]