Mark Investments

The panel’s recommendations were accepted by the government and formed the basis of the enactment of the Investments and Securities Decree No. 45 1999 by the regime of General Abdulsalam Abubakar. To address the criticism of the lack of statutory basis for the AHC under the new ISA 99, SEC was given the power to [...]

Junk Bond Defaults to Rise Fivefold, Moodys Says (Update4)
By Bryan Keogh Jan. 8 (Bloomberg) — The global default rate on high-yield,
high-risk bonds will jump more than fivefold by the end of 2008,
according to Moodys Investors Service.
The high-yield default rate will increase to 4.8 percent
this year and reach 5 percent in 2009 because a [...]