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Nigeria’s national stock index rallied on Wednesday and its currency rose as investors responded favourably to the presidential election win for former military leader Muhammadu Buhari.
The export valuation of Scotch whisky declined by 7% on an annualised basis to £3. 9bn in 2014 on a weaker economic climate, the Scotch Whisky Association (SWA) said on Tuesday.
Bearish trends show no immediate signs of dissipating from the wider commodities market, as gold registered a second straight monthly decline and its third consecutive quarterly decline on Tuesday.
