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NLC calls off picketing of Union Bank

By investadvocate Feb 18 2011 12.51 GMT  Lagos (INVESTADVOCATE)-The Nigeria Labour Congress (NLC) has call off the picketing of Union Bank of Nigeria Plc (UBN) and directed its members nationwide to vacate the premises of the Bank for smooth operations.   This was contained in a Statement Friday February 18 2011 by Francis Barde, […]

IOSCO identifies benefits of organised platform derivatives trading

The Technical Committee of the International Organisation of Securities Commissions (IOSCO) has published a Report on Trading of OTC Derivatives. The report analyses the benefits, costs, and challenges associated with increasing exchange and electronic trading of over-the-counter (OTC) derivative products and contains recommendations to assist the transition of trading in standardised […]

IMF Executive Board Concludes 2010 Article IV Consultation with Nigeria

Public Information Notice (PIN) No. 11/25 February 17, 2011   On February 11, 2011, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Nigeria. Background Nigeria has weathered the global economic recession and its own domestic banking crisis reasonably well. Economic growth in the […]