The World Federation of Exchanges on Tuesday published a white paper entitled ‘The interplay between Central Counterparty (CCP) recovery and resolution: a global perspective’, setting out the views of the exchange and CCP community from a global practitioner perspective. Specifically, the paper outlines the position of the WFE and its global membership base on two key issues: The boundary between …

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Olabode Adaramola The Director General, National Youth Service Corps, (N Y S C) Brig.  Gen. Suleiman Kazure has implored Corps members to stop seeking for relocation from the north adding that the north is now safe and no longer volatile. According to him, more than 50 per cent of Corps members sent to the north usually seek relocation to other parts …

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The Federal Government will provide incentives and the necessary logistics support to investors whose areas of interest are in the development of the agriculture and energy sectors as well as industrialization. These are also the major execution priority areas of the Economy Recovery and Growth Plan (ERGP) being developed by Government to get the country’s economy out of recession and …

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Coronation Merchant Bank Limited (‘Coronation MB’); an emerging merchant banking franchise with industry-leading financial stability indicators has today unveiled its new corporate identity. Far more than just a logo, the new corporate identity has been designed to communicate Coronation MB’s vision (to be Africa’s premier investment bank), ambition and inner strength. The lion, a core feature in the design, is …

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Lagos state governor, Akinwunmi Ambode, has said he has plans to take commercial buses popularly known as Danfo off Lagos roads before the end of the year. He explained that this is to create a more efficient, “well-structured and world class mass transportation system that would facilitate ease of movement within the city”. Ambode also promised that his administration would …

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Senate President Bukola Saraki on Tuesday criticised how the power sector was privatised, saying it was sold to individuals who had no idea about how to run it.  He said the mistakes of past governments “borne out of ignorance, selfish interests and fraud”, brought Nigeria to this point. Saraki said this at a workshop on power sector organised by the …

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FMDQ OTC Securities Exchange on Tuesday signed a Memorandum of Understanding with Dow Jones Indices, a division of S&P Global, for the adoption of S&P Nigeria Sovereign Bond Index. The S&P Nigeria Sovereign Bond Index tracks the performance of local currency denominated sovereign debt, publicly issued by the Federal Government in its domestic market. The index is a sub-index of …

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Folake Sokoya Immediate past Governor of Ogun State, Otunba Gbenga Daniel has endorsed ‘Jaw Jaw Africa, a Victor Eniola Mark Inter tertiary Institution Debate Competition. The Former Governor expressed happiness over the noble idea during a courtesy visit to him at Asoludero Villa, Sagamu, Ogun State by key members of Coded Media earlier on Tuesday. “I am very excited about …

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The ratio of non-performing loans in the banking industry  have doubled the threshold at 11.7 percent, the experts at the Guarantee Trust Bank (GTB) has said in their 2017 Economy Outlook. The outlook titled: Macroeconomic and Banking Sector Themes for 2017 said the banking industry has been plagued by declining asset quality in the wake of the decline in crude …

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A fertility expert, Dr. Stephen Hwande, says that pain during intercourse, increased menstrual cramping and increased urination are early signs of fibroid. The Managing Director of First Fertility Hospital, Makurdi, Hwande, said on Tuesday in Makurdi that heavy bleeding between or during one’s period, that result into blood clots, may also signify fibroid. He said, “When menstruation last longer than …

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