News Centre

NGX, US Consulate To Partner On Driving Bilateral Investments, Trade

Date 14/10/2022

The United States Consulate and Nigerian Exchange Limited (NGX or The Exchange) have announced a decision to collaborate on boosting investments and trade between Nigeria and the US.

The U.S. Dollar And Central Bank Digital Currencies, Federal Reserve Governor Christopher J. Waller At "Digital Currencies And National Security Tradeoffs," A Symposium Presented By The Harvard National Security Journal, Cambridge, Massachusetts

Date 14/10/2022

Thank you, Professor Jackson, and thank you to the Harvard National Security Journal for the invitation to speak at this symposium. As the payment system continues to evolve rapidly and the volume of digital assets continues to grow, it is critical to ensure that we keep both the benefits and risks of digital assets in the policy conversation, including the implications for America's role in the global economy and its place in the world. My speech today focuses on exactly this issue and on an aspect of the digital asset world that is now the center of domestic and international attention—central bank digital currencies (CBDCs) and how they relate to the substantial international role of the U.S. dollar.

Nigerian Exchange Weekly Market Report For October 14th, 2022

Date 14/10/2022

The Market opened for four trading days this week as the Federal Government of Nigeria declared Monday 10th October 2022 a Public Holiday to commemorate 2022 Eid-el-Maulud celebration.

Remarks By US Deputy Secretary Wally Adeyemo At Meeting Of Countries Imposing Economic Restrictions On Russia

Date 14/10/2022

I want to thank you all for taking time out of this extraordinarily busy week to come together to speak about this critical issue.

European Retail Investors Using Increasingly Popular Euro Derivatives To Hedge FX Exposure: Spectrum Markets

Date 14/10/2022

• Euro-linked currency derivatives becoming more popular among European retail investors
• Proportion of Euro currency pairs traded on Spectrum Markets doubled during this year
• All-time record high of 163.9 million securitised derivatives traded on Spectrum in September

BaFin: German Financial Stability Committee On Risks And Resilience In The German Financial Sector

Date 14/10/2022

A statement issued on Thursday, 13 October 2022 by the German Financial Stability Committee (FSC) declared that while German financial institutions were well capitalised overall, they should prepare for a significantly altered risk situation. In its statement, the FSC set out its views on the weakening of the economic environment, heightened risks and safeguarding the resilience of the German financial sector.

Moscow Exchange: Updated Constituents List For OFZ Zero Coupon Yield Curve To Come Into Force On 17 October 2022

Date 14/10/2022

On 17 October 2022, the following updated constituents list for OFZ Zero Coupon Yield Curve will come into force.

ESMA Temporarily Amends CCP Collateral Requirements To Provide Liquidity Relief On Energy Derivatives Markets

Date 14/10/2022

ESMA, the EU’s financial markets regulator and supervisor, today proposed measures to alleviate the liquidity pressure on non-financial counterparties (NFCs) active on gas and electricity regulated markets cleared in EU-based CCPs.

Remarks By US Deputy Secretary Wally Adeyemo At Meeting Of Countries Imposing Economic Restrictions On Russia

Date 14/10/2022

I want to thank you all for taking time out of this extraordinarily busy week to come together to speak about this critical issue.

NovitasFTCL Advised The Shareholders Of fscom On Its Investment From Bridgepoint

Date 14/10/2022

Leading governance, risk and compliance financial services consulting firm FSCom Limited (“fscom”) today announced a significant investment from world-leading alternative asset fund management group Bridgepoint to support the long-term growth of the company.