Nigerian penny stocks grew unexpectedly in 2024, outpacing the country's 34.60% inflation rate.

In 2024, Nigerian penny stocks showed surprising growth, outpacing the country's record-high inflation rate of 34.60% in November. The top performers included Tantalisers Plc, RT Briscoe, Veritas Assurance, and others. With high inflation eroding purchasing power, investors are advised to focus on real returns to ensure their investments yield positive outcomes despite economic challenges.

3 months ago
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