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Nigeria s SEC gets AfDB s $400,000 grant for capital market development
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MIL-OSI Africa: Nigeria: African Development Bank Group provides $400,000 grant for Securities and Exchange Commission of Nigeria to support capital markets development
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The African Development Bank Group today signed a $400,000 grant agreement with the Securities and Exchange Commission of Nigeria to strengthen securities market regulation and broaden market instruments.
The funds will go towards strengthening the risk-based supervision framework, regulation of derivatives and green bonds, and build capacity for green finance. The grant will be sourced from the Capital Markets Development Trust Fund, a multi-donor fund administered by the Bank.
Moghalu Faults CBN s Action on Cryptocurrency Transactions
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Today, a prophet is recognized by his own people
JAN 3, 2021
Pictures, they say, sometimes speak louder than words. To some extent, that might be true. It is just as these colourful pictures captured the vibrancy of the chieftaincy title-taking ceremony of Professor Kingsley Chiedu Ayodele Moghalu, Deputy Governor of the Central Bank of Nigeria (2009-2014) and Presidential candidate of the Young Progressives Party (YPP) during the 2019 presidential elections. The event took place in his native Nnewi Community on Monday 28 December 2020.
Professor Moghalu was conferred with the traditional title of “Ifek’ego” – meaning “Greater than Money” – by the traditional ruler of the Ancient Kingdom of Nnewi, HRH Igwe Dr. Kenneth Orizu III at the Igwe’s 57th annual Ofala celebration. The Igwe celebrated the Ofala on his 95th birthday anniversary and used the opportunity to honour a few indigenes of the community who distinguished themselves in various disciplines. Professor