The Nigerian Equities Market saw a sharp sell-off due to market decline, while the Central Bank of Nigeria maintained the Monetary Policy Rate at 26.50%.
Steady: 0 in the last 7 days
Updated oct 8
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How it started
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What happened
The Nigerian Equities Market saw a sharp sell-off due to market decline, while the Central Bank of Nigeria maintained the Monetary Policy Rate at 26.50%.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The Nigerian equities market rebounded last week, with Jaiz Bank stock contributing to the market turnover.Sub-event
- Zenith Bank and Oando stock declined due to a market downturn in the Nigerian stock market.Sub-event
Nigerian market decline and CBN holding the Monetary Policy Rate steady.1 source
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The entities involved
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Central Bank of Nigeria
central bank
Related events
- The Central Bank of Nigeria (CBN) released a report detailing Nigeria's current economic performance.
- The Central Bank of Nigeria's monetary policy affects inflation and the economy, while Apex bank manages payment options in Nigeria.
- The Debt Management Office and Central Bank of Nigeria are involved in a situation where the CBN official exchange rate is used for valuation.
- Fitch revised Nigeria's sovereign outlook on October 18, 2026.