Alibaba stock trades at $110.85, about ₦146,709 per share at today’s rate of ₦1,323/$. Over the past year it has lost 31.9% in dollars, which works out to -38.3% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | +1.5% | +1.4% |
| 6 months | -16.8% | -18.1% |
| 1 year | -31.9% | -38.3% |
Naira-terms return = share-price return × USD/NGN move. When the naira weakens, dollar assets gain extra value in naira; when it strengthens, the reverse.
Yes. You can buy fractional shares of US stocks from Nigeria through SEC-registered apps like Bamboo, Trove and Risevest, starting from around $10. Read our full guide to buying US stocks from Nigeria →
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