THURSDAY, 01 JULY 2010 01:24  The Nigerian naira NGN=D1 rose to 150.05 to the U.S dollar on Wednesday, its highest level in three months, after some energy firms sold about $192 million at the interbank this week, traders said.  “There have been some dollar inflows from energy […]
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Using shares in CSCS depository as collateral for loan
THURSDAY, 01 JULY 2010 01:09  In recent years, trading and settlement volumes especially with the Securities Settlement System (SSS) have soared, as securities markets have become an increasingly important channel for intermediating flows of funds between borrowers and lenders and as investors have managed their securities portfolios more […]
Insurance industry premium hits N200bn
THURSDAY, 01 JULY 2010 01:19 MODESTUS ANAESORONYE   The nation’s insurance industry has recorded a premium income of N200.6 billion for the financial year ended December 31, 2009, as against N150.3 billion it posted the same period in 2008, indicating a 33.5 percent growth. The growth, according to analysts, […]
