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SEC Proposes New Rule & Sundry Amendments

21/10/2016/SEC New Rule Proposed Rule for the Three-Tiered Know-Your-Customer (KYC) Framework for Capital Market Operators Sundry Amendments a. Proposed amendment to Rule 39(2) -Proposed New Rule on Fast Track Filing… Read more »

Can AGOA Help the Naira?

Culled—Proshare October 22, 2016 /NASD Plc Recently the Nigerian Economic Summit launched what could well be a ‘Made in Nigeria’ philosophy.  As the last “excess” from Nigeria’s crude oil production… Read more »

Nigerian bourse pushes back derivatives launch to 2017 – CEO

22/10/2016/Reuters By Karin Strohecker Nigeria’s stock exchange, Africa’s second largest, will push back the launch of derivatives trading to 2017, starting with stocks futures once a clearing house has been… Read more »

Côte d’Ivoire and AfDB launch key economic diversification project

23/10/2016/AfDB The African Development Bank Group and the Ivorian Government launched a major project aimed at diversifying the country’s economy on October 18 in Abidjan. The Support to Industrial Sector… Read more »

AfDB Helps Morocco Prepare for COP22

23/10/2016/AfDB Climate experts have been placed at the service of the Moroccan Government by the African Development Bank (AfDB) to support the preparation and organization of the upcoming 22nd Conference… Read more »

AfDB invests $20 million in Rx Healthcare Fund for quality healthcare delivery in Africa

23/10/2016/AfDB The Board of the African Development Bank (AfDB) has approved a US $20-million equity investment in Rx Healthcare Fund (RxHF) to help improve healthcare delivery across the continent. RxHF… Read more »

AT&T to buy Time Warner for $85 billion, create telecom-media giant

22/10/2016/Reuters By Greg Roumeliotis and Jessica Toonkel | NEW YORK AT&T Inc (T.N) said on Saturday it agreed to buy Time Warner Inc (TWX.N) for $85.4 billion, the boldest move… Read more »

AT&T agrees in principle to buy Time Warner for $85 billion: Report

22/10/2016/Reuters AT&T Inc has reached an agreement in principle to buy Time Warner Inc for about $85 billion, sources said on Friday, paving the way for what would be the… Read more »

Stocks Close Week in Red, Dips 0.95% on Profit-Taking

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday closed the week on a negative note as the all-share-index (ASI) and market capitalisation depreciated by 0.95 percent… Read more »

Allstate Announces New, Instant Claims Payment Method

October 21, 2016/MasterCard A debit card and e-mail address is all that’s needed now for Allstate to pay claims in an instant. QuickCard Pay is the latest and fastest payment… Read more »