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Foreign and Local Investors abandon Nigerian Stocks ….
LAGOS, Nigeria, Capital Markets in Africa — Total equity transactions at the Nigerian Stock Exchange decreased by 23.93% from N110.56 billion recorded in December 2015 to N84.1 billion (about US$0.43 billion) in January 2016. In comparison to the same period in 2015, total transactions decreased by 55.67% from the N189.72 recorded in January 2015, the figure released by the bourse. In addition, domestic investors conceded about 3.14% of trading to foreign investors as domestic transactions…
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