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Nigeria’s SEC unveils new rules

By investadvocate Feb 09 2011 11.32 GMT   NEW RULES/AMENDMENTS OF RULES AND REGULATIONS OF THE SECURITIES AND EXCHANGE COMMISSION   Pursuant to Section 313(6) of the Investments and Securities Act, 2007, the following new rules are made by the Commission:   1. Rules on Negotiated Settlement. 2. Conditions to grant waiver on […]

Dollar edges down against euro in Asian trade

By Agency Reporter Tuesday, 8 Feb 2011 TOKYO: The dollar lost some ground to its European counterpart in Asian trading on Monday, though investors appeared to be more concerned with the euro’s downside risks than further upside potential, marketwatch.com reported on Monday. The euro got some help from French Finance Minister, […]

Wall Street futures point to gains for stocks

By Agency Reporter Tuesday, 8 Feb 2011 NEW YORK: Stock index futures pointed to a higher open for Wall Street on Monday, with futures for the Standard and Poor 500, Nasdaq futures and Dow Jones futures up by 0.3 to 0.4 per cent, Reuters reported. The S&P 500 posted its best […]