Alibaba stock trades at $112.41, about ₦154,701 per share at today’s rate of ₦1,376/$. Over the past year it has gained 5.4% in dollars, which works out to -5.2% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | -2.6% | -1.4% |
| 6 months | -25.5% | -28.1% |
| 1 year | +5.4% | -5.2% |
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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