Nigeria's leading finance and market intelligence news report.

From zero to hero: Kenya shows Nigeria how reforms can spur stocks

The stocks of Kenya’s 20 biggest companies went from $6 million worth of trades since the beginning of the year to $13 million in three weeks. That’s the power of reforms. The rally came was after the removal of a controversial cap on interest rates first introduced in 2016 by the government to force bank…

Join the BusinessDay Inner Circle to read exclusives and gain insights for N1000/month

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

Comments are closed, but trackbacks and pingbacks are open.