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SEC issues rules on bond issuance

By Agency Reporter Thursday, 2 Dec 2010 To reduce the time of issuance for government and corporate bonds and enhance the price discovery process, the Securities and Exchange Commission has introduced new rules on book building and shelf registration. Addressing members of the United State‘s House of Representatives Committee on Financial […]

Nigeria’s Exchange postpone’s extension of Trading Hours to Dec 06

By Peter OBIORA investadvocate Dec 01 2010 16.00 GMT Lagos (INVESTADVOCATE)-The Market Control Unit of the Nigerian Stock Exchange (NSE) announced Wednesday December 01 2010, that it has postponed the  extension of Trading hours on its Floor till  Monday 6th December, 2010.   This announcement was made at the Floor of the […]

Jumbo pay: Sanusi at Senate, refuses to apologise

By Oluwole Josiah, Abuja Thursday, 2 Dec 2010 THE Governor of the Central Bank of Nigeria, Lamido Sanusi, on Wednesday maintained that 25 per cent of Nigeria’s annual total overhead cost was spent on lawmakers. Sanusi, who appeared before the Senate committees on Appropriation, Finance, Banking and Millennium Development Goals, also […]