The Securities and Exchange Commission (SEC), the apex regulator of the Nigerian capital market says it planned to regulate cryptocurrency investments as securities transactions in Nigeria. In a released statement dated September 11, 2020, the Commission stated that the general objective of the exercise is not to hinder technology or stifle innovation but to create …
Money Market The average money market rate rose significantly by 13.56% to settle at 15.50% from 1.94% in the previous week. The Open Buy Back (OBB) rate increased significantly to close at 14.50% compared to 1.63% in the previous week while Overnight rate (OVN) closed at 16.50% compared to 2.25% the previous week. The constraint …
Anchoria Fixed Income Monitor: Bullish Sentiment in the Bond Market Read More »
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