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ABUJA, Dec 31 (Reuters) - Nigeria's stock index climbed 50%
in 2020, its highest level in 17 years after domestic investors
piled into equities in the last quarter of the year following
excess cash on money markets due to low bond yields.
The all share index .NGSEINDEX fell 14.6% last year after
sluggish growth cast a shadow on the economy. However, local
investors piled into equities after central bank measures to
lift growth dampened yields on domestic debt.
Stocks rose 1.92% to 40,270.72 points by 1146 GMT to remain
at a near three-year high they reached in the previous session.
By Chijioke Ohuocha ABUJA, Feb 27 (Reuters) - Nigeria's central bank is seekingasset managers for a new $2.6 bln infrastructure investmentcompany set up to develop the country's...
By Yasin Ebrahim Investing.com – An advisory panel to the Food and Drug Administration on Friday recommended approval of emergency authorization for Johnson & Johnson's single-dose...
(Adds close of U.S. markets) * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E * Nasdaq rebounds, but MSCI's global index slides * U.S. 10-year Treasury yields retreat * Dollar...
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