Nigerian stocks shed 3.3 per cent last week after increased sell pressure from investors during a week in which many released corporate results failed to impress the market.
The central bank’s Monetary Policy Committee, on Tuesday, raised the benchmark interest rate by 4 percentage points, a hawkish stance aimed at curbing inflation. But that had weighty impact on the market as investors seeking stronger yields ditched stocks for fixed-income securities offering higher returns.
PREMIUM TIMES has assembled some stocks with fundamentals and other potential, adopting key analytical approaches to save you the hassle of randomly picking equities for investment.
