Ecobank Transnational Incorporated (ETI).

A good number of Nigerian stocks still hold potential for strong return on investment although equities generally depreciated by 3.4 per cent last week. The rate-setting meeting of the Central Bank of Nigeria’s monetary policy panel holds Monday (today) and Tuesday, with every possibility of a significant interest rate. The move may shift the balance of investment inflow from equity more into fixed-income securities, which investors often find more attractive whenever interest rates go higher. Yet, dividend…

Nigerian stocks are getting off to a great start, having returned about 11.1 per cent in just weeks in continuation of the momentum that helped them yield about 46 per cent last year. Negative real yields on Nigerian bonds and treasury bills have made it impossible for them to beat the country’s sticky inflation. That is forcing pension funds and institutional investors to divest investment in fixed-income securities and plough the proceeds into stocks, which are currently experiencing a big boom, helping to…