September 30, 2016/NSE Today, we announce the completion of the divestment of the GlaxoSmithKline Consumer Nigeria plc Drinks bottling and distribution business to Suntory Beverage & Food Nigeria Limited (SBFN). This follows the recent approvals obtained from the shareholders and the Nigeria Securities & Exchange Commission ( ›EC). Following this […]
Updates
CBN Enhances Minimum Qualifications for Bank CCOs to Ensure Strict Compliance
September 30, 2016/CBN In its attempt to ensure strict compliance with all extant regulations; particularly those relating to foreign exchange transactions, Financial Action Task Force (FATF) and Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT), the CBN has decided to enhance the minimum qualifications for the position of the Chief Compliance […]
IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts
September 30, 2016/IMF Today, the International Monetary Fund (IMF) announced the launch of the new Special Drawing Right (SDR) valuation basket including the Chinese renminbi (RMB), and the new currency amounts that will determine the value of the SDR during the new valuation period. As approved by the Executive Board […]
