Equities market indices retreat as investors’  dump pricey stocks. There was a pullback in the market after trading session today. Investors dumped weighty and highly price stock dragged stock market indices

Banks may shake on MPC’s CRR move –Cardinalstone. The increase in cash reserve ratio by 500 basis points may wobble deposit money banks, analysts at Cardinalstone partners have said.

Union Bank sells UK Subsidiary to consolidate growth in Nigeria. Union Bank of Nigeria Plc today announced decision to divest of its subsidiary in the United Kingdom in order to focus on Nigeria’s market.

Investors brief: these milky stocks are cuddling amazing gains. Now, there are few sick stocks, and investors are taking position.…

NSE equities market cap drops N39.1bn as sell-pressures hit banking stocks. Activities in the Nigerian Stock Exchange (www.nse.com.ng) resulted to decline in index on Monday as bear visits the local bourse after bullish run in the past weeks.

Sell-offs Push Average Yield to 3.5%, as market expects N495bn inflow. Afrinvest www.afrinvest.com, a leading investment banking firm has said sell offs pushed average yield up to 3.5% last week.

Global actors gather to forge a common front against illicit trade. The United Nations Conference on Trade and Development (www.unctad.org) said that the global economy loses more than US$2 trillion annually due to smuggling, counterfeiting, trafficking of humans and wildlife and other forms of illicit trade that hold back progress on the global development agenda.

Zenith Bank Partners Facebook on free SME Digital Workshop. Zenith Bank Plc www.zenithbank.com says it has partnered Facebook to offer small and medium scale enterprises owners a free digital workshop starting on Wednesday this week.

Access Bank Marathon Winners to share $500,000. Access Bank Plc (www.accessbankplc.com) has offered the cumulative price of 500,000 USD be won by contestants in this year’s edition of marathon billed for February 8.

CBN hawkish bias to inverse yields, fragment N900bn from Banks Vaults. Experts have said that the apex bank hawkish bias on cash reserve ratio (CRR) requirement would reverse negative yields, though about N900 billion would be quarantine from Banks vaults.