Updates

AMCON Takes Over IBEDC

January 22, 2022 by Bisi Oladele of The Nation  The Assets Management Corporation of Nigeria (AMCON) has taken over the Ibadan Electricity Distribution Company (IBEDC) Ltd over insolvency. The Chief Operating Officer (COO) Engineer John Ayodele disclosed this in a memo to members of staff intimating them of the development, The […]

IOSCO Good Practices Aim to Foster Cooperation Through Global Supervisory Colleges

January 21, 2022/IOSCO The Board of the International Organization of Securities Commissions (IOSCO) today published a set of good practices related to the use of global supervisory colleges in securities markets, with the aim of increasing cooperation and information-sharing among securities regulators. The report Lessons Learned from the Use of Global […]

Coronation Fixed Income and Exchange Rate Update

January 21, 2022/Coronation Research Summary Opening market liquidity was reported at N96.4bn on Friday (14 January ‘22). Overnight and repo rates closed within a range of 14-20.0%. Last week, the average NTB yield declined by -4bp w/w to close at 4.4%. At the NTB primary market auction, the CBN offered […]