Kenya Beats Nigeria in Stock-Trading for the First Time: Chart Paul Wallace PaulWallace123

investors put more money into Kenyan stocks than Nigeria’s for the first time on record in September. The value of shares traded on Nigeria’s exchange fell to $139 million, near the lowest since Bloomberg began compiling such data in 2009, as foreign investors shunned an economy battered by militant attacks on oil facilities and shortages of foreign-exchange. In Kenya, with an economy an eighth the size of Nigeria’s but set to grow almost 6 percent this year, the value rose 4.2 percent from August to $152 million.

Kenya Beats Nigeria in Stock-Trading for the First Time: Chart

In Kenya, with an economy an eighth the size of Nigeria’s

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We should be worried about plugging this gap first

Dhuks said:

We should be worried about plugging this gap first

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yes Kenya can catch up with sickly Nigeria whose economy is stagnant and is about to go to recession thanks to oil prices. if we can maintain 6 % growth over the years and start producing our own oil we are good. kenya is rising

I like your optimism, for Kenya to grow substantially however, the growth rate should be double what we have otherwise at 6% you are talking of vision 2050

Dhuks said:

I like your optimism, for Kenya to grow substantially however, the growth rate should be double what we have otherwise at 6% you are talking of vision 2050

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True, economy growth must outstrip pop growth so we should be looking at kitu 12% + for real all round benefits

Nigeria tunasija, the gap shouldn't be a problem as long as we sustain the current trend, just the other day we were staggering at 4%, today we are cruising at 6.2%
Am damn sure if all goes well, we will be doubling in five years.

Should any Kenyan be boastful of this while Nigeria's financial woes r known? U people r pathetic!

Geza Ulole said:

Should any Kenyan be boastful of this while Nigeria's financial woes r known? U people r pathetic!

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you are the one who clapped that you were overtaking us in tourism when we were faced with rampant terrorism,You are a chameleone Geza who twist matters to suit your needs.dont play the holier than though attitude when you are the first to celebrate anything negative happening to us hoping you will benefit

saadeque, i got that habit from Kenyans in here.

Geza Ulole said:

saadeque, i got that habit from Kenyans in here.

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hahaa....so you are a nyang'au too