December 9, 2021/US Federal Reserve The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below: Consent prohibition order against Brent J. Huisman Former institution-affiliated party of Santander Consumer USA, Inc., Dallas, Texas Solicitation and acceptance of improper gifts and gratuities from third-party companies Additional enforcement […]
Updates
Gross Official Reserves Declined by US$614m to US$41.2bn in November 2021
December 8, 2021/Proshare by FBNQuest Research Today’s chart shows a decline of USD614m (-1.5% m/m) in Nigeria’s gross official reserves to USD41.2bn in November. This decline follows four months of consecutive increases, and it reflects a slowdown in reserve inflows following accretion from the IMF’s USD3.3bnn SDR allocation and the […]
SEC Pledges Collaboration on Reduction in Housing Deficit
December 8, 2021/SEC Nigeria The Securities and Exchange Commission has pledged to collaborate with relevant stakeholders on real estate investments in a bid to bring about a reduction in the housing deficit in the country. Director General of the SEC, Mr. Lamido Yuguda made the pledge during a meeting with […]
