The Nigerian stock exchange recovered a part of the 19% it has lost so far last week as it gained 6% in a rally that lasted for the entire week. Several stocks gained back some of the losses incurred in the prior weeks with some gaining between 17% and 47% respectively.
The Nigerian Naira also came under renewed pressure last week as Oil prices continued to slip further down and currently below our Budget Benchmark.
Our analysts discuss events of the past week in our usual instructive, informative and exciting manner. They also take a peek into the week to come and reveal what investment is on their radar.
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