 Fragile recovery may be getting weaker as consumers and business turn cautious Jeannine Aversa, AP Economics Writer, On Friday July 30, 2010   The already fragile economic recovery may be getting weaker.  Economists expect the government to report Friday that economic growth slowed in the April-to-June […]
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Citigroup agrees $75m fraud fine
30 July 2010  Banking giant Citigroup has agreed to pay $75m (£48m) to settle civil charges that it misled investors over potential losses from high-risk mortgages.It agreed the settlement with US financial watchdog the Securities and Exchange Commission (SEC).  The SEC said Citigroup had repeatedly made misleading […]
CBN partner Security Commission on single registrar
By Stanley Oronsaye July 30, 2010 01:46AM  The Central Bank of Nigeria (CBN) has said it is working with the Securities and Exchange Commission (SEC) towards creating a single registrar for all securities in the capital market.Samuel Oni, CBN Director for Banking Supervision, who stated this at a […]
