NewsDirect

NewsDirect

NGX: Market capitalisation down by N38bn

The Nigerian Exchange Ltd., (NGX) closed on a downward note on Friday occasioned by loss in 20 stocks, as market capitalisation depreciated by N38 billion. Specifically, market capitalisation of listed equities decreased by 0.15 per cent to N25.483 trillion, from…

MPC: Economists predict rates retention

Economic experts on Sunday expressed optimism that the Central Bank of Nigeria (CBN), Monetary Policy Committee (MPC), might retain interest rate due to rising inflation rate. They made the projection during an interview with journalists in Lagos on expectations from…