The Federal Government, in a bid to stimulate finance to the agriculture sector, has approved that the sum of N15bn be given to farmers at single-digit interest rate. The amount, which is a short-term intervention fund to be disbursed by the Bank of Agriculture, will be used for the 2013 […]
Tag: InvestAdvocate
Final Margin Rule Release by Basel/IOSCO
Press Release Margin requirements for non-centrally cleared derivatives The Basel Committee on Banking Supervision and the International Organization of Securities Commissions (IOSCO) released Monday the final framework for margin requirements for non-centrally cleared derivatives (BASEL-IOSCO Margin Rules). The framework is available on the websites of the Bank for International […]
IMF Appoints New Resident Representative to Cyprus
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Thursday said it has appointed Vincenzo Guzzo as new resident representative to Cyprus. According to the IMF, Guzzo will start his assignment in Nicosia on September 9, 2013. He is an Italian national, joined the IMF in 2009 and has […]
