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Finance & Markets

China's Biggest Memory Chip Stock Is Almost as Good as Micron

Micron's fat profit margin is CXMT's opportunity -- and China is coming for it.

We haven't written up this one. Motley Fool has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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Experts explain why the naira is not N1,000/$1 or better despite stronger reserves, increased oil earnings

Nigeria’s stronger oil earnings and rising foreign exchange reserves have improved the country’s external position, but the naira has remained above N1,300 to the dollar, raising questions about why…

  • Nigeria's foreign exchange reserves at $53.9 billion as of September 1
  • Experts attribute naira's strength below N1,000/$1 to dollar demand and liquidity
  • Strong oil earnings and reserves don't guarantee naira appreciation

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