By Boluwatife Oshadiya Key Points Main Story The Nigerian stock market closed sharply lower on Thursday as investors lost an estimated N1.92 trillion amid widespread sell-offs triggered by fresh regulatory guidelines issued by the Central Bank of Nigeria (CBN) concerning banks’ foreign subsidiaries. Market capitalisation on the Nigerian Exchange Limited (NGX) declined from N155.780 trillion … Continue reading CBN foreign subsidiary directive triggers N1.92tn loss on Nigerian stock market