Nigerian Stocks outshines Cryptocurrency
For the first time in a long time, Nigerian Stocks get to laugh last while Cryptocurrency cries.
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.