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OMO Policy: Market Value of Blue-chip Firms Plumet by N3.7trn

Kayode Tokede The market value of BUA Foos Plc, MTN Nigeria Communications Plc and 11 other blue-chip firms on the Nigerian Exchange Limited (NGX) decreased by N3.7 trillion last week, the

  • Market value of BUA Foods, MTN, and 11 firms drops N3.7tn
  • CBN policy allows individuals in Open Market Operations (OMO)
  • OMO auction received N4.93tn subscriptions, CBN allocated N2.6tn

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