According to him, the management of the board on Friday visited the affected banks and agencies to inform them of the actions to be taken for failure to settle the debt.
Market breadth measured by market sentiment was negative as 19 stocks declined, while 12 appreciated.
The arrest followed the hoarding of new naira notes by the Deidei branch of the bank in Abuja, a move deemed a deliberate attempt to sabotage the nation’s economy.
The market capitalisation gained N256 billion to close at N28.155 trillion, compared with N27.899 trillion on Friday.
The downturn was due to sell-offs in tier-one banks and industrial stocks such as Zenith Bank, Stanbic Bank and BUA Cement.
The bears dominated the domestic equity market as market capitalisation lost N20 billion or 0
The upturn was due to gains recorded by Zenith Bank, Stanbic Bank, Nigerian Breweries, MTN Nigeria among others.
Market breadth closed positive as 17 stocks appreciated while 16 declined.
The downtrend was impacted by losses recorded in highly capitalised stocks, amongst which are MTN Nigeria, PRESCO, WAPCO and Stanbic Bank.
