Firms receive credit for cooperating with SEC’s investigations November 22, 2024/US SEC The Securities and Exchange Commission today announced that broker-dealers Webull Financial LLC, Lightspeed Financial Services Group LLC, and Paulson Investment Company, LLC have agreed to settle charges that they filed with law enforcement suspicious activity reports (SARs) that […]
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NGXASI Dips -0.18% on Sell Pressure in FBNH, UBA
November 22, 2024/InvestmentOne Report The NGXASI declined today by 0.18% to close at 97,892.02pts, as the selling pressure noted in FBNH (-5.75%), WAPCO (-5.26%) and UBA (-1.67%) drove the local bourse into the red zone. In the fixed income space, the Treasury Bills secondary market was mostly positive today as yields had […]
FAAC Disbursement Increased MoM to N1.4Trn in October 2024
November 22, 2024/FBNQuest Source: FGN The most recent communique released by the Federation Account Allocation Committee (FAAC) shows that the federation’s revenue disbursements to the three tiers of government amounted to about N1.4trn (US$835m) in October 2024 (from September 2024 revenue). November’s gross distribution represents an increase of +8.7% month-on-month […]
