Investors dump bank shares as CBN hikes CRR by 5%

The bulls have lost the tussle to the bears once again as the equities market closes trading activities today negative as the MPC raises the MPR by 150 basis points while increasing the Cash Reserve Requirement by 5 per cent. Omowonuola Tunde-Bello, Portfolio Manager, Chapel Hill Denham joins CNBC Africa for more on investor sentiments.
Tue, 27 Sep 2022 16:54:23 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.