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Investors in Nigeria’s equities lost N1.4trn in February

newsjar by newsjar
February 26, 2021
in Business
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Investors in Nigeria’s equities lost N1.4trn in February
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Investors in Nigeria’s stock market are caught in the web of huge capital loss cumulatively valued at about N1.36trillion. After January’s rally which placed the stock market of Africa’s largest economy as the continent’s best, investors became worse off in February with a record dip of -6.16percent. Yields uptick in the fixed income (FI) environment…

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