Subscription credit facilities usually require the ability to make, receive, and enforce capital calls on a pro rata basis, whether directly or indirectly through a cascading pledge structure, on 100% ...

Defunct Heritage Bank’s depositors with N5 million minimum balance have described as unacceptable the announcement by the Nigeria Deposit Insurance Corporation’s (NDIC) that they will receive only ...

Sebi seeks to clarify how AIFs should maintain pro-rata rights of investors while investing and distributing returns, a requirement that has raised concerns in the industry on operational ...

As part of efforts to end the Monday sit-at-home in the state, the Anambra State Government has announced that, effective ...