November 19, 2021/AMCON In another deft strategy to intensify its debt recovery drive in the country, the Asset Management Corporation of Nigeria (AMCON) has submitted a list containing its top 1,000 obligors to the National Assembly. AMCON made the exposé to members of the House of Representatives Committee on Banking […]
Updates
Nigerian Economy is Recovering from a Historic Downturn-IMF
November 19, 2021/IMF The Nigerian economy is recovering from a historic downturn benefiting from government policy support, rising oil prices and international financial assistance. The authorities’ pro-active approach has contained the COVID-19 infection rates and fatalities. With the emergence of fuel subsidies and slow progress on revenue mobilization, the fiscal […]
SEC Proposes Rule to Provide Transparency in the Securities Lending Market
Proposed Rule Would Increase Availability of Information Regarding Securities Lending Transactions November 18, 2021/US SEC The Securities and Exchange Commission today published proposed Exchange Act Rule 10c-1, which would require lenders of securities to provide the material terms of securities lending transactions to a registered national securities association, such as […]
