Managing a monetary system is hard work in any country. But in Nigeria, Lamido Sanusi, central bank governor, has an additional problem: a surge in US dollar demand as politicians build war chests for an election still 18 months away. The stakes ahead of the presidential 2015 poll, in which […]
Tag: Nigeria
IOSCO Board Focuses on Growing Risk of Cybercrime in Global Financial Markets
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – The Board of the International Organization of Securities Commissions (IOSCO) has focused on the growing risk of cybercrime in the global financial markets. This is contained in a Statement by Yakubu Olaleye, Head Media of Nigeria’s Securities and Exchange Commission (SEC) and made […]
Four banks raise N232bn from international market
Four Nigerian banks raised $1.45bn (N232bn) from the International Capital Market between January 2011 and July 2013, the Debt Management Office has said. The Director-General of DMO, Dr. Abraham Nwankwo, disclosed this in a presentation made at a one-day retreat for correspondents in Kaduna on Friday. He said 20 companies […]
