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Stocks to moderate rally as yields rise on rate hike

The outcome of Tuesday’s Monetary Policy Committee (MPC) meeting is sending conflicting signals to the financial markets on the policy direction of the monetary policy authority. While yields on fixed-income securities are expected to rise, Nigeria’s equities may moderate the recent rally, which has impressed many investors. Nigeria’s Central Bank on Tuesday raised its benchmark
read more Stocks to moderate rally as yields rise on rate hikeBusinessday NGRead More

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