The Nigerian All Share Index closed the first half of 2022 with a gain of about 21.17% year to date (YTD) making it one of the best-performing stock markets in the world.
Global equities markets have had to stomach a rout as investors react to higher interest rates as central banks prioritize combating inflation over easy money.
In the United States, the S&P Index which measures the broader stock market has fallen by as much as 20%…