Nigeria stocks to open after CBN’s rate cut – London Business News | Londonlovesbusiness.com

[ad_1] Nigeria opens in the present day with a extra beneficial macro backdrop after the CBN’s first price minimize since 2020. The financial institution trimmed the MPR by 50 bps to 27% and lowered banks’ CRR to 45%, leaning right into a multi-month disinflation run after August CPI eased to...