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NGE / NGE: Near 50% NAV Discount Not Enough To Compensate For Nigeria Risks

NGE: Near 50% NAV Discount Not Enough To Compensate For Nigeria Risks
Nigerian equities have risen this year. But sticky inflationary pressures, steep rate hikes, and severe Naira shortages are major headwinds. Read More
Posted: May 28 2023, 03:51
Author Name: Seeking Alpha
Views: 081760

NGE News  

NGE: Near 50% NAV Discount Not Enough To Compensate For Nigeria Risks

By Seeking Alpha
May 28, 2023

NGE: Near 50% NAV Discount Not Enough To Compensate For Nigeria Risks

Nigerian equities have risen this year. But sticky inflationary pressures, steep rate hikes, and severe Naira shortages are major headwinds. more_horizontal

GDP Growth In Sub-Saharan Africa Likely To Slow In 2023

By Seeking Alpha
March 26, 2023

GDP Growth In Sub-Saharan Africa Likely To Slow In 2023

Inflation is expected to remain elevated longer in Sub-Saharan Africa than in other regions. The surge in global commodities prices in 2021 gave room more_horizontal

Nigeria Cash Crisis Hits Activity In February

By Seeking Alpha
March 8, 2023

Nigeria Cash Crisis Hits Activity In February

February Stanbic IBTC Bank PMI data, compiled by S&P Global, signalled the sharpest decline in business activity since the Nigeria PMI survey began in more_horizontal

NGE: Nigerian Stocks Offer A High Potential IRR But Not Without Risk

By Seeking Alpha
February 7, 2023

NGE: Nigerian Stocks Offer A High Potential IRR But Not Without Risk

NGE offers a high IRR in nominal terms. Meanwhile, FX risk should in theory be limited. more_horizontal

Global X MSCI Nigeria ETF: Hold If You Must

By Seeking Alpha
September 7, 2022

Global X MSCI Nigeria ETF: Hold If You Must

Nigeria is not well positioned to benefit from higher oil prices moving forward. Non-oil sectors have helped Nigeria deliver lower single-digit growth more_horizontal

7 Best African Stocks to Buy Now

By InvestorPlace
July 17, 2022

7 Best African Stocks to Buy Now

So, what are the best African stocks to buy at present? Consider taking a look at these seven. more_horizontal

Nigeria ETF Rises as Economic Outlook Improves

By ETF Trends
February 18, 2022

Nigeria ETF Rises as Economic Outlook Improves

Getting diversified exposure overseas can benefit a portfolio by adding a growth factor amid shaky markets. When things stabilize, these growth opport more_horizontal

Nigeria ETF Rises as Economic Outlook Improves

By ETF Trends
February 18, 2022

Nigeria ETF Rises as Economic Outlook Improves

Getting diversified exposure overseas can benefit a portfolio by adding a growth factor amid shaky markets. When things stabilize, these growth opport more_horizontal


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