March 20, 2025/InvestmentOne Report The NGXASI declined by 0.05% today to close at 104,858.77pts, as the bearish bias observed in ZENITHBANK (-1.34%), ACCESSCORP (-1.79%) and CUSTODIAN (-6.98%) pushed the local bourse into the negative zone. In the fixed income space, the Treasury Bills secondary market exhibited a slightly positive performance driven by […]
Author: InvestAdvocate
IMF and the Statistical Community Release New Global Standards for Macroeconomic Statistics
March 20, 2025/IMF The International Monetary Fund (IMF) has released the seventh edition of the Integrated Balance of Payments and International Investment Position Manual (BPM7, the Manual) (https://www.imf.org/-/media/Files/Data/Statistics/BPM6/draft-bpm7-wcv.ashx). This new edition provides updated global standards for compiling external sector statistics, including balance of payments and integrated international investment position. It […]
SEC Obtains Final Judgment Against Massachusetts Resident in Multi-Million Dollar Securities Fraud
March 20, 2025/US SEC On March 13, 2025, the U.S. District Court for the District of Massachusetts entered final judgment against Norman V. Meier in the SEC’s action alleging that Meier orchestrated a years-long, multi-million-dollar international securities fraud. The SEC’s complaint, filed on October 11, 2024, alleged that Meier carried […]
