October 12, 2016/Reuters By Sarah N. Lynch | WASHINGTON Deutsche Bank will pay a $9.5 million penalty to settle civil charges that it failed to properly safeguard material non-public information generated by its research analysts and publishing an improper research report, U.S. regulators said Wednesday. The Securities and Exchange Commission […]
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Nigeria mining ministry in talks over $500 million fund and corporate bonds
October 12, 2016/Reuters By Alexis Akwagyiram and Felix Onuah | ABUJA Nigeria’s government is in advanced talks with its sovereign wealth fund and stock exchange to create a $500 million exploration fund and corporate mining bonds to attract investment, its mining minister said. Kayode Fayemi also told Reuters Nigeria had […]
Nigeria’s central bank says country’s lenders have strong capital buffers
October 12, 2016/Reuters Nigeria’s banks have very strong capital buffers to weather the country’s economic crisis, the central bank’s director of banking supervision said on Wednesday. Tokunbo Martins, speaking at a press conference after a meeting with the heads of the country’s banks, also said the supply of foreign exchange […]
