🗣The Nigerian stock market turned bearish after the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 50 basis points to 27.25% to combat inflation. This shift drove investors to fixed income securities, leading to a loss of N266.55 billion in the equity market.

The NGX All Share Index fell by 0.5%, while market capitalization dropped to N56.61 trillion. Analysts predict continued mixed sentiment as investors prepare for Q3 earnings and market volatility, advising strategic buying during price corrections.#StockMarketSuccess #MemeCoinTrending #SCRSpotTradingOnBinance $SOL $ETH $TON