NIGERIAN STOCKS SHED 1.57 PCT TO DROP FOR FOURTH SESSION - Soul 2 Soul Mates Blog

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1/25/2018

NIGERIAN STOCKS SHED 1.57 PCT TO DROP FOR FOURTH SESSION

NIGERIAN STOCKS SHED 1.57 PCT TO DROP FOR FOURTH SESSION
LAGOS, Jan 25 (Reuters) - Nigerian stocks shed 1.57 percent on Thursday to drop for the fourth straight session
after shares in the relatively liquid banking sector sank.


Stock dropped to 43,281 points by mid-session, spooked partly by a political impasse which could threaten the central bank’s independence and as investors booked profit from recent rallies.
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