Norrenberger: Macro conditions, bank recapitalisation fuel market uncertainty

Norrenberger: Macro conditions, bank recapitalisation fuel market uncertainty

Analysts at Norrenberger expect the Nigerian equities market remain uncertain given the current challenging macroeconomic conditions and the ongoing bank recapitalisation efforts. Meanwhile, the securities firm expects the inflation rate to slightly go up in June and FX stabilisation within the ranges of 1,200 to 1,500 naira to the U.S. dollar….

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