For investors, the 8 years under Buhari were a mixed bag. Trillions of naira gained, and billions of dollars lost.
The NGX’s total market capitalization; an indicator of the size and performance of the capital market, gained N17.18 trillion or 147% during the 8-year period.
However, when adjusted for exchange rate depreciation, the market declined in dollar terms, falling $14.55 billion or 27.5% amidst major listings and delisting during the period.
