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Nigerian stocks dropped to a three-month low on Monday.

Published

8 years ago

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This was sharply attributed to President Muhammadu Buhari’ announcement that he would seek re-election in 2019.

Mr. President’s announcement ends months of speculation about his future after bouts of ill health.

A Reuters report on this noted that the stock market, which opened on a losing streak after Lafarge Africa announced a surprise 2017 loss, worsened its decline.

“The equity market fell near 40,000 points,” the report said

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