Culled–Proshare September 30, 2016 The US Securities and Exchange Commission yesterday announced that casino-gaming company International Game Technology (IGT) has agreed to pay a half-million dollar penalty for firing an employee with several years of positive performance reviews because he reported to senior management and the SEC that the company’s […]
Updates
DMO Issuance Institutionally Supported
Culled—Proshare September 30, 2016/FBNQuest Research The DMO has released its provisional issuance calendar for Q4 2016. It looks to raise between N250bn (US$820m) and N340bn (US$1.11bn) from the sale of FGN bonds over the three monthly auctions. In line with established and best practice, issuance again slows in the fourth […]
Bank Modifies International Spend Limits on Naira Debit Cards
Culled—Proshare September 30, 2016- As the forex scarcity which currently faces the country continues to bite harder, indications have emerged that banks have started to adjust international spend limits. Daily Naira Debit Card limits for transaction on ATMs with current limits put at $200 is expected to be adjusted to […]
