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MONETARY POLICY COMMITTE
Nigeria's stock market, the Nigerian Exchange Group (NGX), experienced a significant sell-off on Wednesday, with investors witnessing a 1.27% decline in the benchmark All-Share Index.
tHE Founder and Publisher of Nairametrics, Mr Ugo Obi-Chukwu, used his Twitter page to explain the implications of CBN's recent cut of MPR rate.
The Liquidity Ratio and Cash Reserve Ratio were also maintained at 30.0% and 22.5% respectively.
The face-off between the National Assembly and the Executive seems to be over as the Senate has approved...