Naira stands as robust liquidity keeps money market rates single. Despite the sloppy external reserve movement, Naira remains stable at the foreign exchange market in the past week.

Motion Pillow and other Most Innovative Products of 2020

NSE, Meristem pitch ETFs as a smart investing tool. The Nigerian Stock Exchange partners Meristem Wealth Management limited on ‘Smart Investing Tools Workshop’ to pitch benefits of Exchange Traded Funds (ETFs) as an investing tools.

US immigration restraints on Nigerians to raise FX risk, limit remittances

FMN Plc. share stays flat despite border closure driven earnings beat. Flour Mills of Nigeria Plc. beats analysts’ estimates as government policy on border closure impacted performance positively.

FCMB tops Q4 profit estimate as lender cuts impairment charge

Declining demand for Pharma-Deko products widen loss. It has been a bad time to do business for Pharm-

Derivative market: NSE, SEC Train Capital Market Operators on Legal, Regulatory Requirements

The Nigerian Stock Exchange organised a Workshop on the legal and regulatory requirements of Derivatives trading for capital market operators yesterday at the Exchange House in Lagos.

External reserves fell $57.6 million in January, edge toward resistance level. Weak inflow, high usage of dollar inflow into the nation’s external reserve has reduced the external buffer for defending the Nigeria’s local currency, naira.

CRR hike Fuels Bearish Sentiments as Average Yield Inches to 3.7%. Afrinvest, a leading investment banking firm, stated that the recent hike in cash reserve ratio fueled bearish sentiment experienced in the secondary market as average yield spikes to 3.7%.