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In Other News · Africa

Reps propose 20% cap on trust investments

Source: Vanguard (Nigeria)
Summary
By Gift Chapi Odekina, Abuja The House of Representatives has proposed a 20 per cent investment limit on exposure to a single issuer as part of efforts to strengthen the management of trust funds and protect beneficiaries against financial losses. The proposal is contained in the Trustee Investment Bill, 2026 (HB 2762), which seeks to […] The post Reps propose 20% cap on trust investments appeared first on Vanguard News.
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