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NGX Sustains Positive Momentum With N298bn Gain On CBN Rate Cut
The Nigerian equities market sustained its positive momentum on Tuesday, gaining N298 billion in market capitalisation following the Central Bank of Nigeria’s cut in Monetary Policy Rate (MPR) to 23 per cent. The All-Share Index rose as investors reacted positively to the 350 basis points cut announced at the 307th MPC meeting, betting on lower […]
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