Nigeria stocks hit 3-week high before FX trading starts - CNBC Africa

Nigeria stocks hit 3-week high before FX trading starts

Western Africa

by Reuters 0

The main share index climbed for the third straight day on Friday, rising 1.68 percent by 1032 GMT. Photo: Pixabay.

Nigeria stocks hit a three-week high in early session on Friday as domestic investors took positions before next week's start of interbank currency trading under new rules introduced by the central bank to attract foreign investors.

The main share index, driven by gains across banking and consumer goods stocks, climbed for the third straight day on Friday, rising 1.68 percent by 1032 GMT to near the 29,000 psychological level.

 

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