Monday 28 December 2015

Nigeria's financial markets have been hard hit by the effect of dwindling crude oil prices
By Andy Nssien
Nigeria's financial markets have been hard hit by the effect of dwindling crude oil prices hurting Africa's largest economy with depleting forex reserves of $29.342 billion, the lowest in eight months. President Muhammadu Buhari's N6.08 trillion 2016 budget with renewed hope announced on Tuesday could not stop the bleeding stock market which closed with market captalization of N9.124 trillion on Wednesday, down from N11.478 trillion in fourth quarter last year. [ 838 more words. ]

http://dailyindependentnig.com/2015/12/nigerias-forex-reserves-5bn/

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By Andy Nssien Nigeria's financial markets have been hard hit by the effect of dwindling crude oil prices hurting Africa's largest economy with depleting f
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