Equities on the Nigerian Stock Exchange closed down, falling 0.63 percent at the start of the week following the global trend. Nigeria's banking sector closed down 0.21 percent on the back of third quarter earnings from UBA, Zenith and Sterling Bank. European stocks dropped throughout Monday, helping to pull down US markets as investor sentiment in Europe's economic prospects continued to sag. Joining CNBC Africa is Chigozie Muogbo, research and market intelligence executive at Diamond Bank
Wednesday, 29 October 2014
NIGERIA'S BANKING SECTOR DRIVES NSE DOWN
Equities on the Nigerian Stock Exchange closed down, falling 0.63 percent at the start of the week following the global trend. Nigeria's banking sector closed down 0.21 percent on the back of third quarter earnings from UBA, Zenith and Sterling Bank. European stocks dropped throughout Monday, helping to pull down US markets as investor sentiment in Europe's economic prospects continued to sag. Joining CNBC Africa is Chigozie Muogbo, research and market intelligence executive at Diamond Bank
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