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CBN reopens OMO to retail investor’s for first time in 7yrs as election spending threatens inflation

Nigeria’s central bank is turning to a market it locked individuals out of seven years ago as a fresh line read more CBN reopens OMO to retail investor’s for first time in 7yrs as election spending threatens inflation

CBN reopens OMO to retail investor’s for first time in 7yrs as election spending threatens inflation

We haven't written up this one. BusinessDay Nigeria has the full story — the link below goes straight to it.

Read the original at businessday.ng →

More in Finance & Markets

[Opening Market] KOSPI Opens Up More Than 2%, Touching 7,000

On the morning of Aug. 14, the domestic stock market started higher across the board, influenced by the easing of U.S. inflation burdens and the strength of tech stocks in the New York stock market.

  • KOSPI opens 2.68% higher at 7,000 points
  • Semiconductor and IT stocks lead market rally
  • Institutional investors take profits near 7,000 mark

South Korea Tightens Crypto Exchange Screening

The scope of screening for virtual asset service providers will be expanded from existing representatives and executives to include major shareholders, and substantive verification of financial…

  • South Korea expands crypto exchange screening to major shareholders and social creditworthiness.
  • Debt-to-equity ratio limit set at 200% or below for compliant exchanges.
  • Operators required to have 4 AML staff, compliance officer, and ISMS certification.