Nigeria's Stocks Fall to Three-Year Low as Foreigners Exit

Updated on
  • Stocks in Africa's biggest oil producer drop 6.2% in November
  • London-based Alquity has cut its Nigeria exposure to one stock

Nigeria’s stocks fell to their lowest level in almost three years as foreigners exited the market amid fading hopes that President Muhammadu Buhari’s government can revive an economy growing at its slowest pace this century.

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