NGX Investors Down N54bn As Market Anticipates Rate Hike

The Nigerian Exchange’s equities market section, NGX, fell, shedding more than N54 billion last week as the local bourse’s gloomy trend continued. As a result of the high yield on borrowing instruments, the market has seen a steady flow of capital into fixed interest securities. As inflation rises, the market expects another interest rate hike, … Continue reading NGX Investors Down N54bn As Market Anticipates Rate Hike