Their parents lost fortunes. They’re buying Nigerian stocks anyway.

In 2008, when Nigeria’s stock market collapsed, *Faramade recalls her mother losing money she had invested in shares.

“I can’t remember all the details, but there was a certain gloominess around her at the time,” she said.

Her mother belongs to a generation of Nigerians who lived through one of the country’s worst market crashes. Between 2004 and 2007, a booming economy and…