By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The Committee on Payment and Settlement Systems (CPSS) and the International Organisation of Securities Commissions (IOSCO) Monday published a report on trade repository data entitled Authorities’ access to trade repository data. According to IOSCO, trade repositories (TRs) are entities that maintain a centralised electronic […]
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Bank shares decline, investors cautious
Banks’ shares dropped on Monday as investors adopted a cautious approach, following the implementation of the 50 per cent Cash Reserve Requirement of the Central Bank of Nigeria. The stocks of eight banks recorded price depreciation, as the NSE’s Banking Index closed at 409.17 basis points, down by 1.5 per […]
CBN to inaugurate N200bn MSME fund Thursday
The Central Bank of Nigeria has said a N200bn Micro Small and Medium Enterprise Fund will be inaugurated on Thursday. The fund, which targets women entrepreneurs for 60 per cent intervention, has credit, insurance, capacity building and interest draw back elements. The bank also unveiled plans to introduce financial literacy […]
