Financial experts on Saturday said the upward review of the Cash Reserve Ratio by the Monetary Policy Committee of the Central Bank of Nigeria was necessary to tame inflation.
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Some capital market operators on Tuesday commended the newly inaugurated board of the Securities and Exchange Commission but charged them on the appointment of a substantive director-general for the commission.
The Nigerian Stock Exchange on Monday reacted negatively to sudden election postponement, dropping by N196 billion as predicted by financial experts.
Data obtained by the News Agency of Nigeria from the exchange showed that the delisted companies included Cappa and D’Alberto, Intercontinental Bank Preference shares, IPWA, G Cappa and West African Glass Industries.