In Your Interest
December 10, 2024/FBNQuest Research External Reserves data released by the Central Bank of Nigeria (CBN) shows that Nigeria’s gross official reserves rose by US$446.9m to US$40.2bn in November 2024. The increase implies that gross official reserves have grown by about US$7.3bn over the eleven months to Nov 2024. The chart […]
December 9, 2024/US SEC — The Securities and Exchange Commission today charged Denver resident Ian G. Bell with securities fraud for lying to investors and misappropriating their funds in connection with a fraudulent day-trading scheme. The SEC’s complaint alleges that, between July 2020 and March 2023, Bell raised more than […]
December 9, 2024/US SEC The Securities and Exchange Commission today charged Morgan Stanley Smith Barney LLC (MSSB) with failing to reasonably supervise four investment adviser and registered representatives (hereafter, financial advisors) who stole millions of dollars of advisory clients’ and brokerage customers’ funds and for failing to adopt policies and […]