Nigeria stocks recover to 8-week high

Nigerian stocks edged toward their highest close in eight weeks on Thursday, as banks such Zenith Bank and other stocks that have been battered throughout 2011 clawed back some lost ground. But traders cautioned that a hightened fear factor after a wave of bomb attacks on Christmas day claimed by Islamist group Boko Haram could dampen demand from foreign investors going into 2012.
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Added December 29, 2011
from Businessday Nigeria