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Highcap Securities Ltd

  • economy
    NANFebruary 27, 2024
    338

    Stock market declines further by N773bn on MPR hike

    Transactions on the stock market closed negative on Tuesday for the secondary day, depreciating further by 1.38 percent in reaction to the outcome of the Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN). The News Agency of Nigeria (NAN) reports that CBN, at the bi-monthly MPC meeting, raised the benchmark lending rate by 400 basis points…

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