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Nigeria

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E-mail: biz@megacapitalng.com

Stocks fail to rise on oil rally, worst among major exporters

September 13, 2018.
While oil exporting nations like Saudi Arabia and United Arab Emirates enjoy a market bull run this year triggered by improved investor confidence off the back of a rally in crude oil prices since January, Nigeria’s stock market has largely decoupled from rising oil prices as it has returned -15.56 percent year to date.
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