Investors Bite

NSE Says ETF Market Cap Down -2.57% to N7.43 Billion in May 2018

June 26, 2018/NSE ETF Market Statistics as of May 31, 2018  The NSE ETF market capitalization declined by 2.57% from 7.63 Billion in April to 7.43 Billion in May 2018 whilst maintaining a positive Year-To-Date (YTD) increase of 11.12%. The ETF Market recorded net inflows in the period under review […]

Wells Fargo Advisors Settles SEC Charges for Improper Sales of Complex Financial Products

June 26, 2018/US SEC The Securities and Exchange Commission today announced that Wells Fargo Advisors LLC agreed to settle charges of misconduct in the sale of financial products known as market-linked investments, or MLIs, to retail investors. According to the order, the SEC found that Wells Fargo generated large fees […]

Funding Rates rise above 10pct as CBN Resumes OMO Auction

Culled—Proshare June 25, 2018/Zedcrest Capital ***CBN Says FED Tightening is no Threat*** KEY INDICATORS Inflation 11.61% Declined by 0.87% in May from 12.48% in April 2018 MPR 14.00% Left unchanged at 14.00% at the MPC meeting 0n 4 April 2018 External Reserves $47.63billion Rose by 0.42% as at 13 June […]