African Development Bank (AfDB) said that Nigeria was the West African’s largest market with great potential to be a main driver of regional integration considering its population. This is contained in the West African Mid-Term Review and Regional Portfolio Performance Review Paper 2011 – 2015.

The Investments and Securities Act, ISA, 2007 is the primary law for the securities industry which law provides the framework for the regulation of the Nigerian capital market by the Securities and Exchange Commission, SEC. The Act sets out to ensure the protection of investors and the maintenance of fair, efficient and transparent market.

The Nigerian Stock Exchange, NSE, has expressed it readiness to introduce initiatives that will help position it as attractive listing and investment destination in Africa.

How to ensure a better life for retirees would be the focus in the 2014 Nigerian Insurance and Pension (Inspen) Award. A statement by the Chief Executive Office Inspen Media, Chuks Udo Okonta, said experts drawn from insurance and pension sectors would be on hand to seek solution to the plights of retirees and make contributions on how to improve retirement benefits operations.

Lending rates in the interbank money market rose to 95 percent yesterday as scarcity of funds intensified.