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OTC Market: NASD Finalises Trading Rules

The NASD Limited, which was has been granted an Approval-in-Principle (AIP) by the Securities and Exchange Commission (SEC) to operate Over-the-Counter (OTC) market in Nigeria, is finalising its trading rules and is targeting the last quarter of this year to commence operations. NASD Limited was formed in 1998 to promote […]

‘Insurance Database’ll End Fake Processes’

Chairman of the Nigerian Insurers Association (NIA), Mr. Olusola Ladipo-Ajayi, has said the electronic insurance certificate that his organisation was about to inaugurate would see to the end of the circulation of fake insurances certificates across the country. According to him, the Nigerian Insurance Industry Database (NIID), which the association […]

Sanusi, Ciroma Kick against CBN Amendment Bill

Governor of Central Bank of Nigeria (CBN),  Mallam Sanusi Lamido Sanusi, yesterday launched a  campaign against the CBN Amendment Act 2012 currently before the Senate. The  bill seeks  to  amend the CBN  Act and make provisions that would compel the apex bank to submit its annual budget to the National […]