A Simple Relative Valuation of Nigerian Banking Stocks

A Simple Relative Valuation of Nigerian Banking Stocks

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The Nigerian equity market maintained its bearish streak in the previous trading session (Friday, July 5), down some 7 percent year long, amid the absence of positive catalysts to stimulate investor sentiments. Following the rout in the market which has pushed a number of stocks to new lows, value investors are keen to identify cheap…

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