Monday, January 15, 2018

Video - Nigerian stock market in three year high, forex reserves hit US$40 bln



Nigeria's Central Bank says that the country's foreign reserves reached $40.4 billion as of January 5th, marking an increase of roughly $1 billion from December. [TAKE: Gfx] Successful debt sales, including multiple Eurobond offerings last year, have helped the government accrue billions of dollars in foreign reserves, although they remain far from the peak of $64 billion in August 2008. The country's stock exchange also recorded a high of 40,000 points on Tuesday, a level was last experienced in October 2014.

1 comment:

  1. How important is stock market news in helping you take the right trading decision? Well, the importance cannot be measured. It is stock market news that updates you with the live stock market and it is again the same news considering which you come to know which sector is doing well, which is not, which company you should opt, and the like. Day Trading Trends

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