Inflation robs Nigerian stock traders of real returns

Investors in the Nigerian equities market saw a roller coaster ride in 2022, with inflation taking the shine off their returns on their holdings.

Though the market looks set to close higher this year, considering its return of 16.36 percent as of December 23 compared to 6.7 percent in 2021, the country’s elevated inflationary environment is depriving investors of real returns.

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