Former US employees may have hurt SEC reforms

United States Securities and Exchange Commission| credits: www.forbes.com Former United States Securities and Exchange Commission staffers who now work in the private sector may have helped derail last year’s effort to reform the $2.6tn money market fund industry, a report said. Reuters reported that the case study on money market fund lobbying More...

by Ghanamma | Published 3 years ago
By Ghanamma On Monday, February 11th, 2013
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CBN restricts lending relationships between banks, HoldCo

Governor of the Central Bank of Nigeria, Mallam Lamido Sanusi In a bid to forestall another crisis in the banking sector, the Central Bank of Nigeria has placed restriction on lending relationships between Deposit More...

By Ghanamma On Monday, February 11th, 2013
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Yookos social network users get new platform

Yookos logo| credits: www.yookos.com An African-focused social network site, Yookos has revamped its online platform to make social networking more exciting to its over 10 million users. The company unveiled More...

By Ghanamma On Monday, February 11th, 2013
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Australia to grill Apple, others on pricing

Apple logo| credits: gev.com Apple Incorporated has been ordered to appear before Australia’s parliament with fellow technology giants Microsoft Incorporated and Adobe Systems Incorporated to explain why local More...

By Ghanamma On Monday, February 11th, 2013
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Russia to ban US meat

US beef| credits: oklahomafarmreport.com A Russian ban on United States beef, pork and turkey imports coming into effect this month is likely to last for a long time, Gennady Onishchenko, the head of Russia’s More...

By Ghanamma On Monday, February 11th, 2013
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776,000 jobs lost in textile industry –FG

Minister of State for Trade and Investment, Dr Samuel Ortom| credits: Federal Government on Monday decried the huge number of job losses in the textile industry, saying the number of workers employed in the sub-sector More...

By Ghanamma On Monday, February 11th, 2013
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Focus on problem-solving software, Lagos urges developers

Lagos State Commissioner for Science and Technology, Mr. Adebiyi Mabadeje| credits: File copy The Lagos State Commissioner for Science and Technology, Mr. Adebiyi Mabadeje, has urged software developers in the More...

By Ghanamma On Monday, February 11th, 2013
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ECB’s Asmussen sees Cyprus bailout in March

European Central Bank logo| credits: globalpost.com European Central Bank executive board member, Joerg Asmussen, believes an aid package for Cyprus will be ready by the end of next month, he told the German More...

By Ghanamma On Monday, February 11th, 2013
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Kenyan shares hit two-year high

Kenyan shares extended a two-week rally on Monday to hit a new 25-month high as investors expecting strong full-year corporate results bought stocks ahead of the earnings season. In the foreign exchange market, More...

By Ghanamma On Monday, February 11th, 2013
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Court asks Keystone bank for documents on N10.9b loan

AN Ikeja High Court, Monday, subpoenaed Keystone Bank Plc (formerly Bank PHB) compelling it to produce some documents alleged to be in its custody relating to a N10.9 billion credit facility granted some companies More...