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Nigerian Stock Market Sees Record N1.3 Trillion Dip in November

Business1 min read
Nigerian Stock Market Sees Record N1.3 Trillion Dip in November

The Nigerian stock market witnessed a significant decline of N1.3 trillion in November, with a 2.15% decrease in market returns for the year. Investors took profits amid concerns over US President Trump's threats, causing a 46.52% decrease in market capitalization.

Iheanyi Nwachukwu, a seasoned journalist, reported on the market's downturn for BusinessDay, highlighting the impact on Nigerian assets and recent gains achieved through reforms.

Plus234Feed summary based on reporting from Business Day. Read the original report below.

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