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    SEC goes tough as Nigerians shun local stocks for foreign markets

    Securities and Exchange Commission (SEC) has expressed concerns that many young Nigerians are showing more interest in foreign stocks than local stocks. According to the commission, about 70 percent of Nigerians buying into the foreign exchange market are between the ages of 18 and 40. Speaking in an interview with Bloomberg, the executive commissioner for operations of the SEC, Dayo…

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