By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Securities Clearing Systems Limited (CSCS), United Bank for Africa (UBA) Plc, Guaranty Trust Bank Plc (GTBank), Access Bank Plc and Sterling Bank Plc have signed a pact on over-the- counter market. The banks were appointed by the National Association of Securities Dealers (NASD) […]
Tag: Central Securities Clearing Systems Limited
CSCS to Clear, Settle N11.4tn FGN Bonds in 2013
The Central Securities Clearing System (CSCS) Plc, which is the clearing house for the Nigerian capital market will settle and clear N11.4 trillion Federal Government of Nigeria (FGN) bonds at the over the counter (OTC) market this year. This projection shows 54 per cent increase over the N7.4 trillion FGN […]
84 Stockbrokers gets N22.6 billion forbearance on Margin Loans
– Transaction Fees others scraped By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-84 Stockbrokers has been granted a N22.6 billion forebearance on Margin Loans at the Nigerian Capital Market (NCM). This is contained in an address Monday by Ngozi Okonjo-Iweala, Nigeria’s Minister of Finance at Press Conference in Abuja Nigeria and […]
