NIGERIA — The stock market has been hit by the Central Bank of Nigeria’s (CBN) monetary policy tightening, as investors have lost over N3 trillion in just one month. The CBN had increased the monetary policy rate (MPR), otherwise known as the benchmark interest rate, by 200 basis points (bps) to 24.75 per cent on March 26, at the end of its two-day monetary policy committee (MPC) meeting... icirnigeria.org
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Mon Jul 07 2025 18:11:54 GMT+0000 (Coordinated Universal Time)
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Investors have lost over N3 trillion in just one month as CBN had increased the monetary policy rate (MPR)
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Published (Updated) on Sunday, April 28, 2024
• Nigerian Exchange (NGX) witnessed a bearish trend at the close of trading on Thursday, with the All-share Index declining by 0.05 percent..
• Nigerian Exchange (NGX) rebounds with 0.14 percent gain on blue-chip stocks as market capitalization hits N30.291 trillion..
• Ex Rivers State Governor Nyesom Wike (Now FCT Minister) Receives Godswill Akpabio the Senate President of Nigeria at His Residence in Abuja on Tuesday 18th, March 2025 - Photo News
• Nigerian President Bola Tinubu Receives N705 Millionaire Naira Donation from House of Representative Led by Speaker Tajudeen Abbas and Deputy Speaker Benjamin Kalu - Photo News
• Nvidia dethroned Apple as the world’s most valuable company on Friday following a record-setting rally in the stock
• Top US Equities and Market Prices - United States Stocks, Shares, and Trading Updates
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