Log In

Nigerian Stocks Drop To 8-Year Low After Buhari Orders Lockdown To Fight Coronavirus

30 March 2020. ABUJA (Reuters) – Nigerian stocks fell to a new eight-year low on Monday after President Muhammadu Buhari ordered a lockdown of two of the country’s biggest cities to stop the spread of coronavirus.

The all share index dropped 2.43% to 21,330 points, dragged down as shares in the banking sector and MTN Nigeria, its second-biggest listed firm, declined.

MTN Nigeria, the local unit of South African telecoms group MTN, shed 10% to its listing price of 90 naira.

Please follow and like us:
Tagged under

Leave a Reply

English Premier league table (live)

# Team MP W D L F A G P
1 Liverpool 29 27 1 1 66 21 +45 82
2 Manchester City 28 18 3 7 68 31 +37 57
3 Leicester City 29 16 5 8 58 28 +30 53
4 Chelsea 29 14 6 9 51 39 +12 48
5 Manchester United 29 12 9 8 44 30 +14 45
6 Wolverhampton Wanderers 29 10 13 6 41 34 +7 43
7 Sheffield United 28 11 10 7 30 25 +5 43