Bloomberg News

Nigerian Stock Trade Value Falls to 585 Million Naira

January 09, 2012

(Corrects currency conversion.)

Jan. 9 (Bloomberg) -- The value of transactions on the Nigerian Stock Exchange fell today to 585 million naira ($3.6 million), 20 percent of the daily average since this year, amid a strike called by trade unions to protest rise in fuel prices, according to data from the website of the bourse.

--Editors: Dulue Mbachu, Emily Bowers

To contact the reporter on this story: Vincent Nwanma in Lagos at vnwanma@bloomberg.net

To contact the editor responsible for this story: Dulue Mbachu at dmbachu@bloomberg.net


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