May 28, 2020/Cordros Report The Monetary Policy Committee (MPC), faced with the choice of reducing or leaving policy parameters unchanged – unanimously elected to reduce the benchmark interest rate. Notably, seven members voted to cut rate by 100bps, two members voted for a 150bps rate cut, while one member elected […]
Updates
IOSCO consults on outsourcing principles to ensure operational resilience
May 28, 2020/IOSCO The Board of the International Organization of Securities Commissions (IOSCO) is requesting feedback on proposed updates to its principles for regulated entities that outsource tasks to service providers. Since the publication of IOSCO´s earlier principles on outsourcing for market intermediaries and for markets, developments in markets […]
Children’s Day: Ecobank Counsels Parents on Remote Learning
May 27, 2020/Ecobank Nigeria The Managing Director, Ecobank Nigeria, Patrick Akinwuntan called on parents to ensure their children study online and stay on top of their education despite the current closure of schools occasioned by the Covid -19 pandemic. Akinwuntan, in a message to mark this year’s Children’s Day, observed that […]
