Flexible Exchange Rate Cost Lafarge Africa N28 billion in Q2 2016 Losses
Lafarge Africa Plc, Nigeria’s second largest maker of Cement says its Q2 2016 results are expected to be affected by...
The Fear Of A Skye Bank “Contagion” Could Trigger A Massive Sell-Off
Investors in the Nigerian Stock Exchange are probably not looking forward to the end of the holiday. As markets open...
Is This Proof That Nigeria’s Official Exchange Rate Is Rigged?
The Central Bank caved a few weeks ago and dropped its naira fixing policy. According to the official announcement they...
Import Duties Exchange Rate Rises To N282; Here Is How It Works
Since the Central Bank of Nigeria introduced floated the Naira via its Flexible Exchange Rate Policy, the exchange rate between...
NIGERIA: Parallel Market Exchange Rate (06/07/2016)
The Naira gained against the Dollar
Nigeria Is Losing About N247 billion To Public Holiday “Error”
The Federal Ministry of Interior last week declared Tuesday and Wednesday as public holidays to mark the end of the...
We Listened In On GSK Investor Conference Call And Here Is What We Discovered
GlaxoSmithKline Consumer Nigeria Plc (GSK) held an investor conference call yesterday to discuss the proposed disposal of its drinks business...
NIGERIA: Parallel Market Exchange Rate (05/07/2016)
The Dollar gained against the Naira
The New NNPC Board: Did Buhari Break The Law
The President on Monday via his special adviser on Media, Femi Aina announced a new board at the helm of...
Skye Bank Crisis: What It Means For Your Money
The Central Bank of Nigeria on Monday dissolved the Management and Board of Skye Bank Plc following months of speculation...
