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Five MPC members vote 50bps reduction despite rates retention
punchng118d ago

Five MPC members vote 50bps reduction despite rates retention

Five members of Nigeria’s MPC voted for a 50bps rate cut, citing disinflation and growth. However, the majority voted to retain the MPR at 27.0%.Read More: https://punchng.com/five-mpc-members-vote-50bps-reduction-despite-rates-retention/

#ECONOMY
Recapitalisation signals new era for Nigerian banking
punchng118d ago

Recapitalisation signals new era for Nigerian banking

Learn about the CBN’s Nigerian bank recapitalization drive. Discover how it strengthens resilience, deepens confidence, and supports a $1tn economy.Read More: https://punchng.com/recapitalisation-signals-new-era-for-nigerian-banking/

#ECONOMY
benzinga118d ago

Contact The Gross Law Firm by March 9, 2026 Deadline to Join Class Action Against Ardent Health, Inc.(ARDT)

NEW YORK, Jan. 21, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Ardent Health, Inc. (NYSE:ARDT).Shareholders who purchased shares of ARDT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/ardent-health-inc-loss-submission-form/?id=183178&from=3CLASS PERIOD: July 18, 2024 to November 12, 2025ALLEGATIONS: According to the filed complaint, defendants made false statements and/or concealed that: Ardent Health did not primarily rely on "detailed reviews of historical collections" in determining collectability of accounts receivable nor did "management determine [when an] account is uncollectible." Instead, the Company's accounts receivable framework "utilized a 180-day cliff at which time an account became fully reserved." This allowed ...Full story available on Benzinga.com

#STOCKS
benzinga118d ago

SDM LAWSUIT ALERT: The Gross Law Firm Notifies Smart Digital Group Limited Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK, Jan. 21, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Smart Digital Group Limited (NASDAQ:SDM).Shareholders who purchased shares of SDM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/smart-digital-group-limited-loss-submission-form/?id=183190&from=3CLASS PERIOD: May 5, 2025 to September 26, 2025ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) SDM was the subject of a market manipulation and fraudulent promotion scheme involving social-media based misinformation and impersonators posing as financial professionals; (2) insiders and/or affiliates used and/or intended to use offshore or nominee accounts to ...Full story available on Benzinga.com

#STOCKS
Kaspersky issues report on cyber scams
brecorder118d ago

Kaspersky issues report on cyber scams

ISLAMABAD: A Russian cyber security company Wednesday disclosed that 88.5 percent of cyber attacks including phishing and scam campaign sought credentials for various online accounts during 2025.In this regard, the company has issued a report here on Wednesday.According to the report, Kaspersky analyzed phishing and scam campaigns found that 88.5% of attacks sought credentials for various online accounts. Another 9.5 percent targeted personal data such as names, addresses, and dates of birth, while 2% focused on bank card details during 2025.According to data from Kaspersky, millions of phishing links were clicked in the previous year– all of which were detected and blocked by Kaspersky solutions. Not everyone uses protective solutions on their devices however, and phishing remains one of the most prevalent cyber threats, with attackers luring users to fake websites where they unwittingly surrender their login credentials, personal information, or bank card details.Kaspersky research showed that most phishing pages transmit stolen information via email, Telegram bots, or attacker-controlled panels, before it enters underground resale channels.Data stolen through phishing is rarely used only once: credentials from multiple campaigns are consolidated into data dumps and sold on dark web markets, in some cases for as little as USD50. Buyers sort and verify the data to check whether accounts remain active and reusable across different services.According to Kaspersky Digital Footprint Intelligence, average 2025 prices ranged from USD0.90 for global internet portals to USD105 for crypto platforms and $350 for online banking access. Personal documents such as passports or ID cards sold for about USD15 on average, with pricing influenced by account age, balance, linked payment methods, and security settings.As datasets are enriched and combined, attackers can build detailed digital profiles that may later support targeted attacks on executives, finance staff, IT-administrators or individuals with valuable assets or personal documents.To reduce the risks associated with phishing, Kaspersky recommended that users should not trust links or attachments received by email or messages.Copyright Business Recorder, 2026

#CRYPTO
Gold at all-time high
brecorder118d ago

Gold at all-time high

NEW YORK: Gold surpassed USD4,800 an ounce for the first time on Wednesday as geopolitical tensions including US President Donald Trump’s bid to control Greenland drove safe-haven demand.Spot gold was up 2.1percent at USD4,865 per ounce by 9:30 a.m. ET (1430 GMT), after rising as far as USD4,887.82 earlier in the session. US gold futures for February delivery climbed nearly 2percent to USD4,858.3 per ounce. “There’s a bit of fear of missing out on this trade and I think given the geopolitical situation in the world, it’s a perfect storm for higher gold and higher silver prices right now,” said RJO Futures senior market strategist Bob Haberkorn.US stocks staged a modest recovery after the sharpest equities sell-off in three months, as investors digested Trump’s speech in Davos, Switzerland, in which he said Europe is headed in the wrong direction but ruled out using force to acquire Greenland.Meanwhile, the US Supreme Court is set to consider Trump’s unprecedented attempt to fire Federal Reserve Governor Lisa Cook, in a case that tests the central bank’s independence. The Fed is likely to hold its key interest rate through this quarter and possibly until Chair Jerome Powell’s tenure ends in May, according to a majority of economists polled by Reuters.Lower interest rates are favourable for non-yielding gold. Spot silver was steady at USD94.61 an ounce, after hitting a record high of USD95.87 on Tuesday, driven by supply tightness and increasing industrial demand. “Silver’s rise to a three-digit number is looking quite possible given the price momentum we are seeing, but it will not be a one-way move. There could be some correction in prices and volatility can be higher,” said Soni Kumari, ANZ commodity strategist.Spot platinum was 1percent higher at USD2,487.05 per ounce after hitting a record USD2,511.80 earlier in the day. Palladium was down 0.9percent at USD1,849.25, after touching its highest in a week.

#COMMODITIES