Tag: OTC

Afrinvest To Trade IGI, Geo-Fluids Shares On NASD-OTC

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Afrinvest Securities Limited said Monday it will commence trading on the shares of Industrial and General Insurance Plc (IGI), Geo-Fluids and four (4) other unlisted companies through the National Association of Securities Dealers Plc (NASD) Over-the-Counter (OTC) trading platform. Afrinvest said in a notice made […]

CPSS, IOSCO Unveils Report on Trade Repositories Data

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The Committee on Payment and Settlement Systems (CPSS) and the International Organisation of Securities Commissions (IOSCO) Monday published a report on trade repository data entitled Authorities’ access to trade repository data. According to IOSCO, trade repositories (TRs) are entities that maintain a centralised electronic […]

CBN unveils draft guideline on Securities Settlement in Nigeria

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Monday released an Exposure Draft guideline on Securities Settlement in the Nigeria. According to Nigeria’s Central Bank, the Exposure Draft guideline is in exercise of the powers conferred on the Bank by Section 47 (2) of the CBN […]