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NGE / Nigeria Cash Crisis Hits Activity In February

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 2014, outside of the first wave of the COVID-19 pandemic. Fuel shortages exacerbated the cash-related difficulties facing firms. Read More
Posted: Mar 8 2023, 09:21
Author Name: Seeking Alpha
Views: 111034

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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