The Nigerian bourse closed on Thursday slightly positive, as the All-Share Index / Market Capitalization surged by +0.10%.
This could be a sign of what is to happen to the economy this year.
The NSE closed on Tuesday on a slightly negative as Index depreciated by -0.14 % to close at 21,300.47 as its capitalization closed by the same margin
Global stock markets were bullish this week as a great amount of stimulus measures from around the globe had brought about a modicum of stability.
Warren Buffett bought $5 billion investment in the Bank of America which expanded to $12 billion in 2017, gaining a whopping $7 billion.
The market was brought to its knees as coronavirus pandemic outweighed a $2 trillion U.S. stimulus package passed by the American Senate yesterday.
Nigerian bourse Index dropped marginally by 0.05% despite the Stock Exchange recording 21 gainers as against 7 losers at the end of trading session today.
The Nigerian bourse opened the week on a negative note as the Nigerian Stock Exchange's All Share Index sank further by -2.24% to close at 21,700.18 from 22,198.43 points.
Over the last century, recessions have almost always been started by sustained periods of high-interest rates, never a virus.