Nigerian equities remain high, with the NGX All Share Index fluctuating between 115,000 and 114,000, illustrating underlying market instability despite some sector gains.
While big names get the spotlight, smaller healthcare stocks often hold the most explosive upside, with potential for significant gains in the coming years.
Despite the broader recovery, UK equities remain out of favour, with only a modest net 5 per cent overweight. Investors appear cautious amid ongoing uncertainty in the region.
"While overall homebuyer activity has cooled, investors may be stepping in to capitalize on lower prices and explore opportunities for short- or long-term rentals," explains says Realtor.com senior economic research analyst Hannah Jones.