Nigerian Stock Market Plunges N2.5 Trillion Amid Trump's Military Action Comments
The Nigerian stock market has seen a significant decline of N2.5 trillion in four days due to cautious trading by investors following President Trump's remarks on potential military action in Nigeria. President Bola Tinubu refuted Trump's comments, emphasizing Nigeria's commitment to religious freedom.
Analysts attribute the market drop to panic trading and profit-taking by foreign investors. Despite the downward trend, investors are advised to focus on fundamentally sound stocks to mitigate losses.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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