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Competing Monetary Policy Goals Plague This Frontier ETF: (NGE)
FYI: For those not keeping track, Nigerian stocks are getting punished this year. The Global X MSCI Nigeria ETF NGE, -0.84%, the lone exchange traded fund dedicated to stocks in Africa's second-largest economy, is lower by 20.46% year to date. By comparison, the MSCI Frontier Markets 100 Index, in which Nigeria is a major country weight, is higher by 10.67%. Regards, Ted https://www.marketwatch.com/story/competing-monetary-policy-goals-plague-this-frontier-etf-2019-08-23-10464231/print
Comments
https://carnegieendowment.org/2018/07/17/new-taxonomy-for-corruption-in-nigeria-pub-76811
https://www.pwc.com/ng/en/press-room/impact-of-corruption-on-nigeria-s-economy.html
"...corruption in Nigeria could cost up to 37% of Gross Domestic Products (GDP) by 2030.."