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NGXASI Advance +0.10%, Buoyed by Tier-1 Banking Counters

April 17, 2024/InvestmentOne Report The NGXASI advanced by 0.10% today to close at 99,909.54pts, as bargain hunting on FBNH (+6.93%), FIDELITYBK (+9.88%) and ACCESSCORP (+2.65%) drove the market into the green zone. In the fixed income space, the Treasury Bills secondary market exhibited a bearish performance, as sell pressure was observed at […]

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 […]

Why Our World Needs Fiscal Restraint in Biggest-Ever Election Year

(Credit: MoriMori / AdobeStock) April 17, 2024/INFBlog By Era Dabla-Norris, Vitor Gaspar, Marcos Poplawski-Ribeiro, Jiae Yoo The global economic and financial outlook has improved in the last six months. Inflation has fallen, financial conditions have eased, and risks to the outlook are balanced. However, many countries continue to struggle with high public debt […]