February 21, 2025/InvestmentOne Report The NGXASI declined by 0.07% today to close at 108,497.40pts, as the losses recorded in OANDO (-4.92%), ZENITHBANK (-1.10%) and UBA (-1.19%) drove the domestic bourse into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a slightly positive note, driven by […]
Author: InvestAdvocate
SEC Charges New York-Based Commercial Real Estate Firm and its Owner with Using an Internet Funding Platform to Steal Over $52 Million from Investors Nationwide
February 21. 2025/US SEC The Securities and Exchange Commission announced charges today against Elchonon “Elie” Schwartz, a resident of New York, New York, and his New York-based, privately held commercial real estate investment firm, Nightingale Properties, LLC, with defrauding at least 700 investors of more than $52 million. The SEC’s […]
N1.03Trn Inflows Poised to Ease OVN Rate, as Treasury Bills Rally Amid Inflation Relief, MPC Decision
By Evans CHARLES InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian financial markets witnessed a week of shifting dynamics as liquidity conditions and investor sentiment evolved in response to key macroeconomic triggers. With an influx of N1.03 trillion from OMO maturities expected to bolster system liquidity this week, the overnight (OVN) rate is projected […]
