By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Tuesday opened the fourth quarter (Q4) of 2016 on a bearish note following a one-day public with the benchmark index falling by 0.20 percent to close at 28,277.93 points. “Today’s performance increased the Year-to-Date loss to 1.27 percent, according to Cordros daily market update. […]
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Nigeria central bank prioritises price stability, luring investors for growth
3/10/2016/Reuters Nigeria’s central bank will pursue price stability as an anchor for economic growth and attract foreign investors as the country battles recession and rising inflation, its governor said in a magazine interview. In September the bank left its benchmark rate at 14 percent, resisting calls from the finance minister […]
Emerging market regulators seek to strengthen corporate governance
October 3, 2016/IOSCO The Growth and Emerging Markets (GEM) Committee of the International Organization of Securities Commissions (IOSCO) published today a report that seeks to strengthen corporate governance frameworks. The Report on Corporate Governance in Emerging Markets identifies possible measures and regulatory approaches aimed at strengthening corporate governance in emerging […]
