Nigerian Stocks outshines Cryptocurrency

The Nigerian Stock Exchange Headquarter Office in Lagos, Nigeria.
Nigerian Stock Exchange Office in Lagos, Nigeria

In the wake of the harsh loss of $300 billion that the Crypto market recorded, some stocks on the Nigerian Stock Exchange have delivered impressive ROI, outperforming some cryptocurrencies.

According to data from NSE, the stocks of Japaul Gold and Ventures Plc (MtD gains: 46.83%), Meyer Plc (MtD gains: 29.16%), and University Press Plc (MtD gains: 19.77%) all yielded better returns than Bitcoin, Cardano, Ethereum and other cryptocurrencies.

It is predicted that Nigerian investors might begin to pay more attention to the NSE market and also entrust their funds to it.



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Business Stance

Business Stance is dedicated to ensuring that every Nigerian comfortably stays one step ahead with an in-depth view of the global financial markets.