Nigeria stocks fall as investors wait for clarity on FX policy
Nigerian stocks dropped 3.1 percent in early trades on Monday as investors waiting for clarity on a new central bank currency policy sold shares to book profits following a recent rally. Nigeria's stock market, which has the second-biggest weighting behind Kuwait on the MSCI frontier market index .dMI7400000PUS, hit a six-month high last week after the central bank said it will abandon a currency peg, which has frustrated investors and a shift to a more flexible policy. Top tier lenders Zenith B
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