April 3, 2025/CSL Research The Central Bank of Nigeria (CBN) recently released its Economic Report for the fourth quarter of 2024, providing an overview of key developments in the real, fiscal, financial, and external sectors of the Nigerian economy. In the fiscal sector, provisional data for Q4 2024 showed an […]
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SEC Charges Three Arizona Individuals with Defrauding Investors in $284 Million Municipal Bond Offering That Financed Sports Complex
April 3, 2025/US SEC On April 1, 2025, the Securities and Exchange Commission charged Randall “Randy” Miller, Chad Miller, and Jeffrey De Laveaga with creating false documents that were provided to investors in two municipal bond offerings that raised $284 million to build one of the largest sports venues of […]
Coronation Fixed Income and Exchange Rate Update
April 3, 2025/Coronation Research Summary Last week, system liquidity closed positive at N969.77bn (28th March, ’25) from -N1.96trn in the previous week, reflecting increased market liquidity. Consequently, the Open Repo Rate (OPR) decreased by 590bps to 26.50%, while the Overnight Rate (O/N) also decreased by 594bps to 26.96%. We expect […]
