What a year it has already been for Nigerian stocks. Coming on the back of gains exceeding fifty per cent last year, equities are already up roughly 27.5 per cent year-to-date.
If the more optimistic forecasts prove correct, investors could be staring at another fifty per cent rally before the year ends.
Such momentum would normally be cause for celebration. Yet when markets move this quickly, the more important question becomes whether valuations still reflect economic reality.
Copied.
If the more optimistic forecasts prove correct, investors could be staring at another fifty per cent rally before the year ends.
Such momentum would normally be cause for celebration. Yet when markets move this quickly, the more important question becomes whether valuations still reflect economic reality.
Copied.
