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Naira extends gains, sells for 281/dollar

June 24, 2016/Punch By ’Femi Asu The naira traded at 281.67 to the United States dollar on Thursday at the new interbank foreign exchange market, compared to 282.80 the previous day. The Central Bank of Nigeria sold dollars on the interbank market for the fourth day to ease dollar shortages […]

IOSCO Outlines its Priorities Regarding Data Gaps in the Asset Management Industry

June 22, 2016/IOSCO The Board of the International Organization of Securities Commissions (IOSCO) today has issued a public statement outlining its priorities regarding data gaps in the asset management industry. IOSCO considers that more needs to be done to enhance the data collected in this sector and is analysing what […]

Why Ecobank is Wrong in its Actions Against Honeywell Group

Saturday, June 11, 2016 01.20PM / Proshare News Investigation Culled—Proshare The case between Ecobank Plc and Honeywell Group had all the trappings of a ‘blockbuster’ – it was an otherwise story of how a bank stood up against an unwilling but able debtor (a plague of the Nigerian financial system […]