Yield-hungry investors drive Nigerian equities to new high

October 30, 2020

Unrelenting bears push Nigeria’s bourse further into negative zone

The record -0.13 percent decline on Tuesday fuelled the month’s dip now at -2.13 percent

Nigerian equities market, Friday, returned to the 30,000 point mark as the low-interest-rate environment seen in the fixed income space, continues to push investors towards stocks. The All-share index of the stock market closed, 30,459.86 points, up by 3.47 percent from 29,439.35 points it opened

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