June 3, 2020 By Victor Onyebuchi The Acting Director General of the Securities and Exchange Commission (SEC) in the last two years, Ms Mary Uduk, has made unassailable achievements and total commitment to transparency, innovativeness and standardization of the nation’s capital market in her short but eventful tenure as the regulator […]

June 2, 2020/OilPrice.com Chart of the Week –    The U.S. only sold 729,000 vehicles in the month of April, the lowest since early 2010. –    Car sales were down 59 percent year-on-year, while light truck sales were down 42 percent, a sign that consumers are making a slight shift […]

June 2, 2020/InvestmentOne Report    In contrast to our expectation, the benchmark interest rate was reduced by 100bps to 12.50% (Second rate cut since November 2015) while other monetary parameters were held unchanged as follows: ü  Cash Reserve Ratio at 27.50% ü  Liquidity ratio at 30% ü  Asymmetric corridor of […]