Daily Market Update | 27-03-2024
Daily Market Update (Equities) The Nigerian Equities market rebounded from its two-day negative returns, as it posted a 0.32% gain in today’s trading session. This is following gains in ZENITHBANK, GTCO, UBA and ACCESSCORP offsetting losses in FBNH, MTNN, TRANSCORP and INTBREW. Consequently, the market’s year-to-date (YtD) returns increased to 39.47% from yesterday’s 39.02% YtD. […]
Post Monetary Policy Committee Meeting March 2024 – CBN Maintains Hawkish Stance
Post Monetary Policy Committee Meeting March The second (2nd) Monetary Policy Committee (MPC) meeting in 2024 held on the 25th and 26th of March. The committee reviewed recent economic and financial developments as well as assessed risks to the outlook. Following its deliberation, the committee decided to tighten the MPR by 200bps to 24.75% from […]
