PenCom lifts restrictions on LPFAs investing in commercial papers …C0NTINUE READING HERE >>>
The National Pension Commission (PenCom) has lifted restrictions on Licensed Pension Fund Administrators (LPFAs) investing in commercial papers where capital market operators act as Issuing and Paying Agents (IPAs).
This decision was announced through a circular issued by the commission on Tuesday in Abuja.
According to the circular, the Securities and Exchange Commission (SEC) has developed draft rules and amendments to regulate the issuance of commercial papers by its regulated…
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