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Equity market

  • economy
    NANMay 21, 2024
    153

    Equity market sustains bullish trend amidst CBN-MPC rate hike 

    The equity market rose 0.11 per cent on Tuesday, amidst the Central Bank of Nigeria’s Monetary Policy Committee raising the policy rate to 26.25 per cent. Notably, investors’ sustained buy interest in banking and consumer goods sectors maintained the market’s upward trajectory. The News Agency of Nigeria(NAN) reports that CBN-MPC on Tuesday increased the benchmark interest rate by 150 basis points to…

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