Bear Market Looms for Nigeria Stocks as Oil's Drop Knocks Growth

Updated on
  • Shares tumble to six-month low as second-quarter growth slows
  • 'Political stagnation' compounds worries for investors

Nigerian equities fell for a third day to head enter a bear market on concern that oil prices near a six-year low will deepen the country’s economic slowdown.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.