Updates

SEC Issues Second Fee Rate Advisory for Fiscal Year 2024

April 17, 2024/US SEC The Securities and Exchange Commission today announced that, starting on May 22, 2024, the fee rates applicable to most securities transactions will be set at $27.80 per million dollars. Consequently, each self-regulatory organization will continue to pay the Commission a rate of $8 per million for […]

Intraday Update: Nigerian Stocks Inch Up +0.13%, Driven by Blue Chips

April 17, 2024/InvestmentOne Update ASI as at 12.00pm: +0.13%  Top Gainers and Losers: IKEJAHOTEL (+10.00%), ACADEMY (+9.77%), LIVESTOCK (-10.00%) and CORNERST (-9.94%). Sector Performances: Banking (+1.92%), Industrial (-2.64%), Consumer Goods (-0.01%) and Oil & Gas.  Market activity: In today’s trade, total volume and value decreased by 14% and 27% when […]

IMF Forecasts Continued Decline in 2024 Inflation

April 16, 2024 By Kelechukwu Mgboji, with Agency Report Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) anticipates a further easing of inflation beyond initial expectations, though cautioning that the battle against inflation remains ongoing. Kristalina Georgieva, Managing Director of the IMF, speaking at the China Development Forum (CDF) 2024 hosted by […]