Tag: Nigeria

Capital Market Regulators Move to Enhance Surveillance

The Board of the International Organisation of Securities Commissions (IOSCO) last Monday moved to enhance effective surveillance in capital markets across the globe  by publishing its final report on technological challenges to effective market surveillance and made necessary recommendations on how to overcome those challenges. IOSCO is the leading international […]

Nigeria Begins Mobile Number Portability Scheme

Nigeria Monday introduced the mobile number portability (MNP) initiative reaching another milestone in the rapidly growing and expanding telecommunications market. The new scheme will allow GSM mobile phone subscribers freedom to choose the service provider they want and still retain their number. The MNP allows a subscriber move freely from one GSM […]

Naira Falls to 5-Week Low on Oil-Imports Demand, Fewer Dollars

The naira declined for a fifth day, reaching its lowest in more than five weeks on increased demand for dollars by oil importers and as the central bank cut the amount of U.S. currency sold at today’s auction. The currency of Africa’s biggest oil producer weakened 0.1 percent to 158.83 […]