Local, foreign investors shun cheap Nigerian stocks as outlook worsens

Nigeria’s stock

Nigerian stocks are getting cheaper but nobody is buying, as hopes of a rebound in the market now falter on higher yields on fixed income securities and declining interest of foreigners in Nigerian assets. Foreigners have been dumping stocks for the most of the year in the market now trading at i

```

Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```