Nigerian Stock Market Faces Significant Setback as Investors Lose $1.5 Billion

The Nigerian Stock Exchange experienced a tumultuous week, resulting in substantial losses for investors. The market’s value dropped by 1.22 trillion nairas, equivalent to $1.5 billion, over five consecutive days. This decline erased previous gains and raised concerns among market participants. Analysts attribute the sell-off to various factors, including portfolio rebalancing and economic uncertainties. Investors […]