How investors’ risks are biting off Nigerian equities

Investors at Nigeria’s local equities market appear to be unshaken by half-year earnings of banks so far, as they take a risk-off disposition of bank shares. Recent contractions in the market have been largely driven by losses recorded by GTCO, Zenith, and Stanbic IBTC. Let’s get a sense of the sentiments at the market. Oluwadara Olunuga, Analyst at ARM Securities joins CNBC Africa for more.
Thu, 09 Sep 2021 15:13:24 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.