Monday, April 09, 2018

Buhari's Declaration For Second Term Crashes Stock Market To 3-Month Low




 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. 

source
https://www.reuters.com/article/nigeria-stocks/nigeria-stocks-drop-to-3-month-low-after-buhari-eyes-re-election-idUSL8N1RM421

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