Nigerian stocks in biggest year-to-date fall after interest rate increase
The all-share index shrank by 961.9 points to 51,949.6, while market capitalisation closed lower at N28 trillion.
Tag: European Central Bank
![The Central Bank of Nigeria, CBN. [PHOTO CREDIT: Ehud Kaduna]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/01/20200913_161409-scaled-e1652250793565.jpg?fit=2387%2C1702&ssl=1)
EDITORIAL: CBN and the Burden of Inflation
By redirecting money from circulation back to bank vaults, higher interest rates help to choke off the demand pressures that ...
France to lead EU talks on new IMF chief
Ms Lagarde submitted her resignation as IMF chief this week after EU heads of government nominated her to head the ...
EU working to replace Lagarde at IMF — Official
The fund will need to replace Ms Lagarde after she was nominated last week by EU leaders as the next ...
U.S. has most to lose from trade war, China would benefit – ECB
The ECB estimated U.S. growth would be cut by more than 2 percentage points.
