CBN's CRR adjustment triggers equities’ 28 per cent weekly loss

Consequently, the All-Share Index and market capitalisation of the Nigerian Stock Exchange depreciated by 2.65 per cent to close the week at 28,843.53 points and N14.857 trillion respectively.

Specifically, Codros Research said: “In the coming week, inflows from OMO maturities from instruments worth NGN327.56 billion are expected on the 4th and 6th of February. This should boost system liquidity towards the end of the week and result in the OVN rate trending southwards week-on-week.” “This is also against the backdrop of capital wave in the financial market that may change in the midst of the unstable economic outlook for 2020.”

hoping any one of these investors ill look at my proposal of N2m for 2 years with 12% interest.

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