Nigerian stocks drop to 8-year low after Buhari lockdown

[Edwin sylvester]

Nigerian stocks fell to a new eight-year low on Monday after President Muhammadu Buhari ordered a lockdown of two of the country’s biggest cities to stop the spread of coronavirus.

The all share index dropped 2.43% to 21,330 points, dragged down as shares in the banking sector and MTN Nigeria, its second-biggest listed firm, declined.

 

[Godspower]

The Americans call it the china virus, we call it buhari lockdown

 

[Godspower]

It is expected when their r few commercial activities

 

[Godspower]

Lets see what Q2 will hold for us

 

[Edwin sylvester]

Ok sir