November 25, 2024/Cordros Report According to the National Bureau of Statistics (NBS), Nigeria’s economy maintained its growth momentum in Q3-24, with real GDP growing by 3.46% y/y (Q2-24: +3.19% y/y). The growth outturn is 50bps and 60bps higher than Cordros’ (+2.96% y/y) and Bloomberg’s median consensus (+2.86% y/y) estimates, respectively. […]
Updates
SEC Announces Enforcement Results for Fiscal Year 2024
Commission saw market participants respond to its efforts to promote culture of proactive compliance. November 22, 2024/US SEC The Securities and Exchange Commission today announced that it filed 583 total enforcement actions in fiscal year 2024 while obtaining orders for $8.2 billion in financial remedies, the highest amount in SEC […]
Fed Announces Pricing, Effective January 1, 2025, for Payment Services the Federal Reserve Banks Provide to Banks and Credit Unions
November 22, 2024/US Federal Reserve The Federal Reserve Board on Friday announced pricing, effective January 1, 2025, for payment services the Federal Reserve Banks provide to banks and credit unions, such as the clearing of checks, automated clearing house (ACH) transactions, instant payments, and wholesale payment and settlement services. By […]
