Nigeria’s naira firmed against the U.S. dollar on the interbank on Wednesday, with large inflows from foreign investors buying short-tenored bonds and as banks sell the greenback to stay within a stipulated open position for them. The unit firmed to closed at 157.90 naira to the dollar, recovering from an […]
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Cash-less policy: Bank officials ignore penalty charges
A week after the revelation by the Central Bank of Nigeria that some banks were circumventing the cash-less policy, our correspondent has gathered that senior officials of banks are indeed aiding big-time customers to evade charges on deposits and withdrawals above the minimum limits so that the customers will retain […]
IOSCO Consults on the Technological Challenges to Market Surveillance
Wednesday, August 22, 2012 / IOSCO/MR/20/2012 Madrid – The International Organization of Securities Commissions has published today a Consultation Report on the Technological Challenges to Effective Market Surveillance: Issues and Regulatory Tools, which seeks public comments on a series of proposed high-level recommendations aimed at helping Market Authorities improve market […]
