Nigeria might be the richest economy in Africa but that does not impress hard-nosed investors who buy and sell shares at the local stock exchange. The...
When Muhammadu Buhari clinched victory in Nigeria’s presidential elections in March, stocks soared as investors looked to the former military ruler to reverse decades of economic...
by Chukwu Obi The Naira on Friday depreciated by N5 to the dollar as it traded N215 at the Bureau De Change (BDCs) segment of the official...
by Deji Abiodun The Central Bank of Nigeria has moved to lessen the pressure on the country’s foreign exchange reserves resulting from spurious demand. A statement...