Nigeria's leading finance and market intelligence news report.

Have stocks gained from Nigeria’s financial repression?

Nigerian stocks saw a short-lived gain from the artificially low-interest-rate environment until the Covid-19 pandemic struck. The financial repression tactics employed by Nigeria’s monetary authority, which triggered low-interest rates on naira assets, peaked in the fourth quarter of 2019 and contributed to a modest rally in stocks. In that period, Nigerian stocks rose 8.47 percent,…

Join now and gain unrivalled access to expert insights and analysis behind the story for just N1000/month

Get real time updates directly on you device, subscribe now.

Comments are closed, but trackbacks and pingbacks are open.