U.S. News: Nigeria Stocks Are a Risky Investment

By SIMON CONSTABLE

Nigeria's economy is still a mess. Unfortunately, it may be a while before things right themselves.
Like many energy-rich countries, Nigeria's economy got hit hard when oil prices plunged to $26 a barrel in February last year. To put the size of the move in perspective, oil was trading at more than $100 in mid-2014.
Unfortunately, the rebound in crude prices hasn't helped Nigeria much – the list of problems for the country's economy is so long it is hard to know where to start. Read more here.

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