December 23, 2024/CSL Research The Central Bank of Nigeria’s (CBN) Q3 2024 economic report revealed an increase in reserve money (RM), driven by growth in currency-in-circulation (CIC) and liabilities to other depository corporations (LODCs). Compared to the level at the end of December 2023, RM grew by 13.72% to ₦28.14 […]
Author: InvestAdvocate
United Capital Weekly Pan African Monitor Friday 20-December-2024
December 20, 2024/United Capital Research Anglophone West Africa (WAEMU) Nigeria • Nigeria’s inflation rate rises to 34.6% in November 2024, highest in 28 years Nigeria’s headline inflation rose to 34.60% in November 2024 reflecting a further surge in the costs of goods and services across the country. This is according […]
SEC Charges Utility Company Entergy Corp. with Internal Accounting Controls Violations
Company agrees to pay $12 million in penalties and adopt independent consultant’s recommended improvements December 20, 2024/US SEC The Securities and Exchange Commission today announced that Entergy Corporation, a Louisiana-based utility company, agreed to pay a $12 million civil penalty to settle charges that it failed to maintain internal accounting […]
