January 1, 2019/Cowry Asset

Stock prices in Nigeria have continued to nosedive despite the relatively positive 9 months corporate results and the recovered crude oil prices which remained high for most of 2018. Nigeria’s sweet grade, bonny light crude, remained at USD73.44/barrel on average from January 2018 to November 2018, against average price of USD53.86/barrel it traded the same period in 2017… 

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