Stock traders on Customs Street, Lagos, started the year on a pessimistic note, despite some of Nigeria’s top economist forecasting a far better 2017 for the economy, on the back of a steep rise in crude oil prices in the international market. Higher crude oil prices have been known to have a positive correlation with…
This content is for Standard Digital Monthly Subscription, Premium Digital Monthly Subscription, Standard Digital Yearly Subscription, Premium Digital Yearly Subscription, WSJ 5 DAY TRIAL and 30-Day Corporate Subscription members only. Visit the site and log in/register to read.
The post Nigeria’s brighter economic prospects fail to lift stock market on first trading day appeared first on BusinessDay : News you can trust.
Source : BusinessDay