Business News
Business and economic news from Nigeria and around the world.
GEJ & Supporters of Sanusi’s Suspension Won’t Like This Punch Editorial
Punch Editorial|| HIDING behind his finger, President Goodluck Jonathan recently suspended Lamido Sanusi, Governor of the Central Bank of Nigeria,...
Read moreDetailsTime To Hedge? :Financial Derivatives Predict Naira Devaluation By June 2014 or After Elections
The Central Bank of Nigeria will devalue the naira within the next 18 months, a new report by the Nigeria-based...
Read moreDetailsN-O-T G-O-O-D: Naira may weaken to N170 (Official Rate)– Merrill Lynch
A report by the Bank of America Merrill Lynch Global Research has predicted that the naira may weaken for the...
Read moreDetailsNaira Stabilizes After “Sanusi Shock”; Now N165.7 @ Interbank & N171 @ Blackmarket (24/2/14)
The naira was stable against the United States dollar at the Retail Dutch Auction System (RDAS) arm of the forex...
Read moreDetailsMore Gloom & Doom? Analyst Predict Further Sell-Offs In Equities & Naira Depreciation
Punch||Economists and analysts have said Nigeria’s financial markets may continue to react negatively, at least in the short term, to...
Read moreDetailsSanusi’s Removal Increased Forex Demand To $1billion in One Day
Thisday||The naira depreciated against the United States dollar last week as the suspension of Mallam Sanusi Lamido Sanusi as the...
Read moreDetailsStock Exchange lost N353b Since Sanusi’s Suspension (21/2/14)
Punch||Equities fell on Friday as investors continued to react negatively to the suspension of the Central Bank of Nigeria Governor,...
Read moreDetailsRead Sanusi’s Succinct Response To Some Of The Allegations Thrown At Him
Vanguard|| In the beginning, As at the time I came into office, several things had collapsed. From banks to stock...
Read moreDetailsForget Sentiments, This Is How Financial Analysts All Over The World Responded To Sanusi’s Suspension
There has been a lot of reaction to the ongoing suspension of CBN Governor Sanusi Lamido Sanusi mostly from social...
Read moreDetailsThis Is The So Callled FRCN Report That Was Used To Suspend Sanusi
The decision to suspend the Central Bank of Nigeria Governor, Sanusi Lamido was based on a report of the Financial...
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