Nigerian equities lose N443 billion after MPC holds rates at 27%

Nigerian equities investors lost approximately N443 billion on Wednesday as profit-taking across key counters eroded earlier gains in Tuesday’s session after the Central Bank of Nigeria’s (CBN) monetary policy decision. The NGX benchmark All-Share Index (ASI) fell by 0.49% to 143,064.57 points, from the previous session’s 143,763.13 points, while the market capitalisation dropped by 0.49% to […] The post Nigerian equities lose N443 billion after MPC holds rates at 27% appeared first on Nairametrics.

Nigerian equities lose N443 billion after MPC holds rates at 27%

Nigerian equities investors lost approximately N443 billion on Wednesday as profit-taking across key counters eroded earlier gains in Tuesday’s session after the Central Bank of Nigeria’s (CBN) monetary policy decision. The NGX benchmark All-Share Index (ASI) fell by 0.49% to 143,064.57 points, from the previous session’s 143,763.13 points, while the market capitalisation dropped by 0.49% to […]

The post Nigerian equities lose N443 billion after MPC holds rates at 27% appeared first on Nairametrics.

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