Home » Nigerian Stock Market Crashes as Buhari Announces Re-election Bid 

Nigerian Stock Market Crashes as Buhari Announces Re-election Bid 

by O. S David
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Nigerian Stock Market Crashes as Buhari Announces Re-election Bid

 

Nigerian stocks dropped to a three-month low after President Muhammadu Buhari said he would seek re-election in 2019, ending months of speculation about his future after bouts of ill health.

The stock market, which opened on a losing streak after Lafarge Africa announced a surprise 2017 loss, worsened its decline. The equity market fell near 40,000 points. 

 

Source: Reuters

 

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