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SEC Charges Advisory Firm WisdomTree with Failing to Adhere to Its Own Investment Criteria For ESG-Marketed Funds

Firm misstated that funds did not invest in companies involved in fossil fuels and tobacco October 21, 2024/US SEC The Securities and Exchange Commission today charged New York-based investment adviser WisdomTree Asset Management Inc. with making misstatements and for compliance failures relating to the execution of an investment strategy that […]

IMF Approves Policy Reforms and Funding Package to Support Low Income Countries in a Sustainable Manner

October 21, 2024/IMF The reforms approved by the IMF’s Executive Board aim to bolster the Fund’s capacity to support Low-Income Countries (LICs) in addressing their balance of payment needs, while restoring the self-sustainability of the Poverty Reduction and Growth Trust (PRGT). The approved policy reforms include: a long-term self-sustained annual […]

No Fresh Case Filed Against NNPCL, Others

October 21, 2024/Dangote Group This is an old issue that started in June and culminated in a matter being filed on September 6, 2024. Currently, the parties are in discussion since the President Bola Tinubu’s directive on Crude Oil and Refined products sales in Naira Initiative, which was approved by […]