CBN Rate Cut Poised to Reignite Nigerian Equities

Equities market analysts and operators said the benchmark interest rate cut by the Central Bank of Nigeria (CBN) could redirect liquidity from fixed-income securities into stocks, as moderating yields push investors to seek higher returns in risk assets. The Central Bank of Nigeria (CBN) lowered its benchmark interest rate by 50 basis points to 27 […]

The post CBN Rate Cut Poised to Reignite Nigerian Equities appeared first on Nairametrics.

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