Culled—Proshare June 13, 2017/CBN The Naira is set to be given further lift in the forex market with CBN’s injection of another $418 million into various segments of the inter-bank Foreign Exchange market on Tuesday, June 13, 2017. This is coming on the heels of a cumulative $2.2bn boost in […]
Updates
IOSCO Task Force issues report on the regulation of wholesale market conduct
June 13, 2017/IOSCO The Board of the International Organization of Securities Commissions today published IOSCO Task Force Report on Wholesale Market Conduct, which describes the tools and approaches that IOSCO members use to discourage, identify, prevent and sanction misconduct by individuals in wholesale markets. Wholesale markets are an important source […]
NNPC’s Need of a Stability Dividend
Culled—Proshare June 13, 2017/FBNQuest Research In March the NNPC reduced its operating deficit from N14.1bn the previous month to N5.6bn (US$18m), its best performance since the token profit of N0.3bn in May 2016. The driver was the Nigerian Petroleum Development Company (NPDC), the corporation’s most profitable unit, which pushed its […]
