By 06.22.2010     Banks are moving the bulk of their funds from fiscal spend and other sources to bonds – a development that has triggered excess demand for the securities and by extension, reduced yields to bond holders.     Traders are expecting yields at the government’s auction to […]

  By , 06.22.2010    The Securities and Exchange Commission (SEC) will soon sign a Memorandum of Understanding (MoU) with the Moroccan Securities and Exchange Commission (Conseil Déontologique des Valeurs Mobilières-CDVM) on securities regulatory cooperation,   information obtained by THISDAY has indicated.     The Chairman of SEC, Senator Udoma Udo […]

  By Eromosele Abiodun, 06.22.2010   When the secondary market of the Nigerian Stock Exchange (NSE) was very attractive, companies (mostly banks), which raised money during government-induced consolidation in the financial sector preferred apportioning a higher percentage of their shares on offer to new shareholders probably because most of them […]