The previous weekend, Aid El Kébir was clearly selling on the Nigerian Stock Exchange. Profit taking weighed on the market. The market capitalization of West Africa’s leading financial center lost 139 billion naira over the week, or $335 million, to close at $67 billion. The NGX All-Share Composite Index lost 0.53% to close at 51,557.41 basis points. The weekly decline was fueled by strong selling in International Breweries, Union Bank of Nigeria (UBN), FBN Holdings (FBNH), FCMB Group and NASCON Allied Industries led the
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