Nigerian stocks fell 1.2 percent at the close of trading on Tuesday to the lowest level since May 31, 2017 as investors sold on election worries.
The banking index which measures the movement in the 10 largest most liquid bank stocks dropped by 3.6 percent, the fourth consecutive decline, while the oil and gas index fell 1.5 percent.
Analysts said the declines were largely being driven by negative sentiment as the country gears up for general elections in February.
ENDURANCE OKAFOR
