July 23, 2018/US SEC The Securities and Exchange Commission today announced that Julie K. Lutz, the Regional Director of the SEC’s Denver Regional Office, will leave the agency at the end of this month after more than 40 years of service. Ms. Lutz has served at the helm of the […]
Investors Bite
Osinbajo charges Capital Market on Economic Growth
July 23, 2018/SEC Vice President Yemi Osinbajo has said that for investors to take advantage of government’s incentives and improved business environment, there needs to be availability of medium to long term capital in the form of bonds, equity and loans. The necessity for stable long term funds for the […]
Fixed Income Market Monitor- The Open Buy Back Rate (OBB) Rose by 6.08% to 15.00% WoW
Culled—Proshare July 23, 2018/Anchoria AM Research The money market rate increased last week as the Overnight rate (OVN) and Open Buy Back rate (OBB) rose to 15.67% and 15.00% respectively. Consequently, the average money market rate increased by 6.17% to settle at 15.34% as system liquidity reduced due to fortnightly […]
