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IMF Advise Libya to Harmonise Anti-Money Laundering Law with International Standard

By Our Correspondent Lagos (INVESTADVOCATE) – The International Monetary Fund (IMF) Friday advised Libya to harmonise its Anti-Money Laundering and the Combating the Financing of Terrorism (AML/CFT) law with international standards and devote resources to its effective implementation.   This is contained a Statement made available to InvestAdvocate following the […]

NSE closes on negative note Index depreciate by -1.01%

By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-The Equities Market of Nigerian Stock Exchange (NSE) Friday closed on a negative note as the NSE’s All-Share Index depreciated by 334.09 points or  -1.01 percent (-1.01%) to close on Friday at 32,849.11.   Weekly Reports from the Nigerian Bourse made available to InvestAdvocate said […]

Nigeria approves rules for firms to issue Islamic bonds

Nigeria has approved new rules allowing companies to issue Islamic bonds this week, a move aimed at attracting Middle Eastern investors, the head of the country’s Securities and Exchange Commission (SEC) told Reuters on Friday. Nigeria, home to the largest Muslim population in sub-Saharan Africa, is trying to establish itself […]