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Nigeria’s Exchange approves penalties for infraction by Dealing Members

By InvestAdvocate At its meeting held on 16th March, 2011, the Council of The Exchange approved certain penalties for breach of the Rules and Regulations Governing Dealing Members (Rules). An exposure draft of the Recommended Penalties has been published on The Exchange’s website.You are advised to visit the website for […]

MPC may raise benchmark lending rate

By Ademola Alawiye There are strong indications that the Monetary Policy Committee of the Central Bank of Nigeria may increase the benchmark lending rate for the second time this year at the next MPC meeting scheduled to hold this week. A source close to the MPC told our correspondent on […]

SEC partners Consumer Protection Commission on investor protection

Leveraging on the existing expertise of the two agencies, the Securities and Exchange Commission (SEC) is currently seeking collaboration with the Consumer Protection Commission (CPC) in promoting a fair, safe and transparent capital market, more particularly, in publicizing and implementing its new complaints management framework. Market analysts have seen the […]