[Business] Meristem Securities repositions for full fledged investment


IN its bid to remain top most in financial services sector, Meristem Securities Limited has repositioned to provide array of investment services to the investing public.

Speaking to newsmen in Lagos, Deputy Group Managing Director, Meristem Securities, Mr. Sulaiman Adedokun said “Meristem Securities Limited is not just a financial institution of repute and pedigree; we also have a history of rapid growth, expansion and remarkable value creation.”
He stated that since inception of Meristem Securities Limited in the year 2003, “’ the company have not only held the ace card in Securities trading but we have rapidly grown, as our name connotes into a full-fledged Investment group of individual companies offering services in Wealth Management, Trustees, Corporate Finance, Stockbroking and Registrar services.”
According to him “These companies are whole companies and they have been adding values in their core areas of businesses since inception. We are in a very comfortable and authoritative place to thump our chests on the robust strength of our group and the specialty, skills and thoroughness each of our subsidiary offers.”
Adedoku explained that all category of investors can invest in fixed deposit instrument, stressing that “ Fixed deposit is an investment over a specific period of time (30,90 & 180 days) at a fixed interest rate. If terminated before maturity, it attracts 30 per cent of accrued interest while Call deposit account is an investment that has no fixed period and provides instant access to funds without any charges upon termination.”
He disclosed that investors have opportunity to roll over the amount and that the investment has no risk attached.
Commenting on its Meritrade product, he said “it is an online real-time stock broking platform that allows users trade stocks from their comfort zone with control over their investment. Trade with as low as N50,000.
The Platform will help you discover the new dynamics of trading .You have an overview of your portfolio at a glance and can trade at your convenience anytime, anywhere. However it provides real time market information and it is meant for retail investors & High Networth Investors, HNI.”
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