Currency Devaluation Lures Foreigner Investors Back Into Nigeria’s Stocks Market
LAGOS JULY 10TH (NEWSRANGERS)- — Last month’s currency devaluation in Nigeria is bringing foreign investors back to the nation’s stock market. Overseas investment flows have jumped over the past month after incoming President Bola Tinubu’s administration allowed the naira to weaken 40%, according to data from the Nigerian Exchange in Lagos. While the devaluation initially…