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Tuesday, 31 August 2021

Nigerian bank stocks now cheapest in Africa as dollar shortage drives off investors

Nigerian bank stocks now cheapest in Africa as dollar shortage drives off investors: Nigerian banks are some of the cheapest stocks in Africa, more evidence of how a shortage of dollars in the continent’s largest economy is discouraging foreign investors. Four of the five African stocks with the lowest price-earnings ratios among companies valued at $500 million or more are Nige ...

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