WATCH THE VIDEO HERE By Dipo Olowookere Customs Street was down by 0.49 per cent on Monday after investor sentiment turned bearish following profit-taking ahead of rate-setting announcement later today. The Nigerian Exchange (NGX) Limited came under selling pressure yesterday as traders anticipate a slight hike in the Monetary Policy Rate (MPR) to keep hot money flowing into the country to continue to strengthen the Naira in the foreign exchange (FX) market. Last month, the Central Bank of Nigeria (CBN) through its Monetary Policy Committee (MPC) raised the benchmark interest rate by 400 basis points or 4.00 per cent to 22.75 per cent. Since
Dangote Sugar, 29 Others Constipate NGX by 0.49%
