Nigerian stocks close flat, set for second consecutive weekly loss

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Oil and Gas giant Seplat Energy set the bourse on a downward trajectory after traders sold their holdings.

Nigerian stocks closed flat on Thursday, its second time this week, as the benchmark index eased 0.01 per cent, on track for a second straight week of loss.

On Thursday, the statistics office issued Nigeria’s fourth quarter 2021 GDP figure, showing a 3.98 per cent expansion when set beside that of the year before.

 

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