Nigeria’s stocks rise to 10-month high as interbank rate eases

by | May 26, 2017 6:34 pm

Nigeria’s stock index rose to its highest level in 10 months on Friday, lifted by gains in the banking sector as overnight lending rates eased after central bank cash injections into the banking system. The index rose by 2.1 percent to 29,064 points on Friday, its highest level since July last year, lifted in particular…

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