ABUJA, May 5 (Reuters) - Nigerian stocks rose 1.84% on
Tuesday to an eight-week high as shares gained across sectors a
day after the government started a gradual easing of a
coronavirus lockdown.
The stock market, which has lost 14% so far this year, rose
for the seventh straight session to 23,504 points, a level last
seen in March.
Nigerian funds have been switching back to equities from
fixed-income securities, hoping for a stock market rebound later
this year after a coronavirus-induced rout in oil prices
prompted foreign investors to sell-off their
holdings. L5N2CH3W8