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Business - Page 62

‘CBN’s Interest Rate Remains High, Choking Businesses’

The Central Bank of Nigeria’s (CBN) decision to retain the current monetary policy parameters has continued to generate reactions from interest groups and economic analysts. Prime Business Africa had reported that during the 300th Monetary Policy Committee (MPC) meeting earlier this week,
May 24, 2025

Nigerian Stock Market Cap Sheds N274bn

A 0.39 percent decline in the all-share index (ASI) wiped off N274.06 billion from the stock market capitalisation, which depreciated from N68.89 trillion on Wednesday, May 21, to N68.62 trillion on Thursday, May 22. This was driven by the 436.08 basis points
May 22, 2025
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