In Your Interest
May 11, 2020/Nova Merchant Bank Nova Merchant Bank on Thursday, May 7th, 2020 embraced digital technology as the financial institution held its third Annual General Meeting (AGM) virtually at its head office in Victoria Island, Lagos. The meeting was held virtually in strict adherence with stipulations by the Federal and […]
May 11, 2020/federalreserve.gov The Federal Reserve Board on Monday published updates to the term sheet for the Municipal Liquidity Facility (MLF) to provide pricing and other information. The MLF, which was established under Section 13(3) of the Federal Reserve Act, with approval of the Treasury Secretary, will offer up to […]
Culled—Proshare May 11, 2020 by FBNQuest Research Nigeria’s gross official reserves declined by US$1.64bn in April to US$33.52bn. This was the eleventh monthly decline in succession. This cumulative fall of US$11.60bn is largely due to the exit of foreign portfolio investors (FPIs). A recovery of sorts is assured […]