August 18, 2022/Capital.com According to data from global investment trading platform, Capital.com, bullish retail sentiment in popular meme stock Bed Bath and Beyond (BBBY) appears to be waning among its traders. This is reflected by the lower number of trades and trading volumes in BBBY over the last two days. […]
OPINION/EDITORIAL
Nigerian Mutual Fund Up +4.255 to N1.37 Trillion as at July 2022
August 18, 2022/CSL Research According to data from the Securities and Exchange Commission (SEC), the total Asset Under Management(AUM) of the Nigerian Collective Investment Schemes (excluding Infrastructure Funds) rose by 4.25% ytd to N1.37trn as of July 29, 2022, from N1.31trn on December 31, 2021. The increase in total Net […]
CBN Reviews Interest Rates on Savings
August 18, 2022/United Capital Research In a recently released circular, the CBN reviewed the minimum interest rate payable to savings deposits to 4.2% (previously 0.15%)- 30.0% of the MPR. This decision followed after the CBN adopted an aggressive hawkish stance by hiking rates by 250bps in its last two meetings. […]
