Markets
News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.
Nigerian Businesses face huge exposure to exchange rate risk as the CBN plan to devalue the Naira
The Central Bank Governor on Monday announced that the CBN it was looking to devalue the rate of the Naira against the...
Read moreSanusi fires first shot as MPR is Hiked. Interest Rates to rise by 2.75%
As predicted yesterday the Monetary Policy Committee jacked up MPR by an astonishing 275 basis point (2.75%) to 12%. They...
Read moreIs the Value of the Naira really N170 to $1?
A recent publication of the Lagos Business School on the state of the economy in the first 100days of GEJ...
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“Runs” Business: A 60 Billion Naira Industry?
Meet a young beautiful lady named Shirley. She drives a Volkswagen Bug, lives in a flat in Lekki, owns a...
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