Updates

IOSCO Encourages Regulators, Responsible Entities and Trading Venues to Review and Adopt Good Practices for ETFs

May 12, 2023/IOSCO The Board of the International Organization of Securities Commissions (IOSCO) today published Good Practices Relating to the Implementation of the IOSCO Principles for Exchange Traded Funds covering effective product structuring, disclosure, liquidity provision, and volatility control mechanisms. Following an extensive review of ETF markets, IOSCO has determined […]

Gross Premium of the Insurance Sector Increased by 44% QoQ to N532.7bn in Q3 2022

May12, 2023/FBNQuest According to the most recent bulletin from the National Insurance Commission (NAICOM), the gross premium of the insurance sector increased significantly by 44% q/q to NGN532.7bn in Q3 ’22. On a y/y basis, gross premiums generated by the sector were up 15% y/y. The total premium income is […]

ASI Intraday Update: Nigerian Stocks Gain +0.07%

May 12, 2023/InvestmentOne Update ASI as at 12.00pm: +0.07% Top Gainers and Losers:  TRANSCORP (+9.75%), ARDOVA (+9.09%), CWG (-9.95%) and CILEASING (-9.86%). Sector Performances: Oil and Gas (+1.00%), Industrial (+0.01%), Banking (-0.10%) and Consumer Goods (-0.08%). Market activity: In today’s trade, total volume and value decreased by 47% and 29% respectively, […]