Nigeria stocks surge to three year high
376 views · Published 27 July 2017 · 8:14 · Indexed 20 September 2026
Channel: CGTN Africa · 2017 · News & Politics
Nigerian stocks continue a rally witnessed for the last 17 successive days, an achievement last accomplished in 2001. The market crossed the 37,000 point level on Thursday to close 1.37 percent stronger at 37.245 points. The level was last seen in November 2014. On Wednesday stocks surged 3.4 percent to hit the 32-month high. The rise has been attributed to positive results from several mid-sized firms that have announced half-year earnings. It is also being seen as a sign that Nigeria's economy is on the road to recovery. Governor Godwin Emefiele said recently that Nigeria is likely to emerge from a recession this year. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
More from this channel
-
0:46
African Union Peace and Security council meet over Burundi crisis
-
1:21
Chinese mothers donate necessities to orphanages in Zimbabwe
-
2:24
US firms bets on China's energy transformation
-
3:36
President Xi proposes comprehensive strategic cooperative ties
-
1:19
Liberia's Ellen Johnson in Kenya for bi-lateral talks, WTO meeting
-
1:02
Morocco minister on climate deal
-
2:01
Somalia's Jazeera Palace Hotel reopens months after deadly attack
-
4:10
Shi'ite Muslims in Zaria, Nigeria claim military attacked due to protest