The Nigerian Stock Exchange (NSE) share index fell 1.74 percent on Monday, dragged lower by oil stocks Oando and Seplat, trailing tumbling global oil prices.
The index had fallen to 33,941 points by 1255 GMT. Oando fell almost 10 percent while Seplat lost 5.9 percent.
Brent crude oil fell to a five-year low below $68 on Monday before recovering some of the losses as investors looked for a price floor after last week’s OPEC decision not to cut production.
