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The Punch

Nigerian Exchange market capitalization falls to N160.85tn as CBN holds interest rates

The Nigerian equities market closed lower on Monday as the Central Bank of Nigeria maintained the Monetary Policy Rate at 23.00 per cent.

Total market capitalization on the Nigerian Exchange Limited dropped to N160.85tn following the latest central bank decision. The Monetary Policy Rate remained unchanged at 23.00 per cent. These figures reflect the current valuation of equities trading on the exchange.

Brief written with AI from reporting by The Punch. All rights to the original story belong to the publisher.

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