Nigeria ETF Falters on Central Bank Imbroglio
February 20, 2014 at 15:05 PM EST
Quiet as it has been kept, shares of the Global X Nigeria Index ETF (NYSArca: NGE) are off 2.3% Thursday on nearly triple the average daily volume on news Nigerian President Goodluck Jonathan suspended Central Bank Governor Lamido Sanusi. Although Sanusi’s term expires in June, his suspension could...