Here Is A Recap Of This Weeks Top Trending Topics

The Forces That Brought The Naira Back From The Dead:
Something strange is happening to the naira and people are wondering why. From as high as N400 last Friday it has dropped to as low as N320. Flash back to just two weeks ago, it depreciated from N310 to N410. This volatility is unprecedented and only one thing can be the cause.

This Is The Full Transcript Of CPC’s Press Release That Will Change Everything You Hated About DSTV:
After an extensive investigation, the Consumer Protection Council (CPC) has substantiated allegations of violations of consumer rights by MultiChoice Nigeria Limited in the provision of its Digital Satellite Broadcast Television (DStv) service.

Buhari’s Stubborn Stance Against Devaluation Has One Big Advantage:
One of the greatest debate of Nigeria’s economic history since the advent of democracy in 1999 is the decision on whether to devalue the naira or not.

BDC’s Just Proposed A Single Exchange Rate For The Black Market…Here Is How It could Work:
Dealers in Nigeria’s Parallel market for dealers are seeking to formalise trading in the often opaque and thinly traded market.

Volatile Dollar Price: Here Is What My ‘Aboki’ Told Me To Do:
On Wednesday, the price of the dollar dropped to as low as N270. Ok scratch that, it dropped to as low as N290. No scratch that too, it dropped to as low as N310. I am confused!

As The U.S Begins Crude Oil Exports: Here Are 5 Countries That Could Suffer:
The United States has begun to export crude oil after the U.S Congress lifted the 40-year old export ban with the first export shipments leaving in late December 2015.

Analysis: Keep The R.E.E.R In View Because Naira Could Still Be Overvalued At N350:
Nigeria’s President Muhammadu Buhari re-iterated over the weekend that he would not be disposed to devaluing the Nigerian Naira (NGN).

Naira Rise: Ubah For CBN Governor?:
Business Man and “Oil Magnate” Ifeanyi Ubah has claimed victory for the current rise in the value of the dollar against the naira. He was on Channels Tv over the weekend asserting that he knew the solution to the dollar crisis and if given the opportunity that he could fix it.

Boom : First Bank Issues Profit Warning (What It Means):
FBN Holdings Nigeria’s largest lender by assets has just issued a profit warning today.

Oil & Gas Exposure: Banks That Could Get Hit Like FBNH:
FBN Holdings hit the markets with a surprise profit warning yesterday; although for Nairametrics readers it should not have come as much of a surprise as we have consistently flagged the poor manner in which Nigeria’s largest lender by assets was being run.