Nigeria stocks drop to 3-month low after Buhari eyes re-election - MRCAESAR.COM

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Monday, 9 April 2018

Nigeria stocks drop to 3-month low after Buhari eyes re-election


Reuters
LAGOS, April 9 (Reuters) - Nigerian stocks dropped to a three-month low after President Muhammadu Buhari said he would seek re-election in 2019, ending months of speculation about his future after bouts of ill health.
The stock market, which opened on a losing streak after Lafarge Africa announced a surprise 2017 loss, worsened its decline. The equity market fell near 40,000 points. (Reporting by Chijioke Ohuocha; Editing by Toby Chopra)
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