They said killings by Fulani herdsmen and cases of political thuggery aggravated apathy in investment, especially on the part of the foreign investors. Consequently, foreign investors that play a dominant role have resorted to massive sell-off of shares. Looking at it from the foreign investors’ perspective, it is only the daring ones that come at this time of uncertainty and fear. The foreign investors that dominate the market have exited their portfolio. “The foreign investors are not ready to develop the market.

Source: The Guardian May 14, 2018 04:30 UTC