A federal bribery investigation into whether JPMorgan Chase & Co. hired the children of key Chinese officials to help it win business is just the latest in a series of legal and regulatory headaches for Chief Executive Jamie Dimon. Dimon piloted the bank through the financial crisis, but it is […]
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CSCS Deploys SWIFT Messaging System
By InvestAdvocate The Nigerian Stock Market is at the verge of achieving another major transformation as the Central Securities Clearing System (CSCS) Plc adopts the Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging system to enhance transactions in the market. SWIFT provides a communication gateway that enables financial institutions worldwide to […]
IFC to finance 1,500mw of electricity in Nigeria
The International Finance Corporation, a member of the World Bank Group, on Friday announced a plan to support investments that would add 1,500 megawatts of power generation capacity to the Nigerian national grid and provide electricity for up to eight million households over the next 18 months. IFC, in a […]
