Updates

IOSCO Publishes Consultation Report on Updated Liquidity Risk Management Recommendations for Collective Investment Schemes

Also seeks feedback on complementary Guidance for Open-ended Funds to support effective implementation of Recommendations November 11, 2024/IOSCO IOSCO has today published a Consultation Report seeking feedback on its revised recommendations for Liquidity Risk Management for Collective Investment Schemes (“CIS”) (the ‘Revised LRM Recommendations’), especially for open-ended funds. IOSCO is […]

Afreximbank Approves US$200 Million Facility to Support BUA’s Expansion Plans

The first tranche of $150 million was disbursed on October 16, 2024 November 11, 2024/Afreximbank African Export-Import Bank (Afreximbank) has approved a US$200 million Corporate Finance Facility in favour of BUA Industries Limited (BIL) to support its expansion plans. BIL is a Nigerian conglomerate with diversified business interest spanning across, […]

Dangote Named Most Tax Complaint Business Organizations by FIRS

…Company, subsidiaries win big at FIRS, FMDQ awards   November 10, 2024/Dangote Group It was a season of award at the weekend for the Dangote Group and its subsidiaries following their recognition as best Nigeria’s best compliant tax payer business organization and FMDQ Gold award winner for being the most […]