Nigerian stock market paused
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Posted by Ike Okoye on June 22, 2008 at 09:16:13:
A lot of investors over the past week have appeared dissapointed over free falling stokc prices on the stock exchange which was initially explained as a result of a technical fault but as it continues, they are no longer buying that story. i hear there's a new reul now in place that stock price movement would only be admitted when the volume of transactions is not below a 100,000 units. The Nigerian people had been gaining interest in the surprising growth of the market over the past few years but presently it appears this trust is fading and investors may be looking for alternative forms of investment.
Follow Ups:
Re: Nigerian stock market paused
Posted by Okafor on September 15, 2008 at 04:36:31:
In Reply to: Nigerian stock market paused posted by Ike Okoye on June 22, 2008 at 09:16:13:
Trading has continued, i believe. But stock prices are crashing like never before. This is like the biggest fraud in Nigeria's corporate history. It's like Enron in the U.S.
Re: Nigerian stock market paused
Posted by Nnamdi
on May 15, 2010 at 03:14:02:
In Reply to: Nigerian stock market paused posted by
Ike Okoye on June 22, 2008 at 09:16:13:
What is Sanusi doing to the capital market? His policies are not helping matters at all
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