Markets
News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.
THE NEW N5,000 NOTE, A “CURE” FOR A DYING NAIRA…?
Yesterday, the CBN announced yet another plan to coin lower denominations, introduce higher denominations and enhance the quality and appearance of...
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How Unilag can loose billions of Naira due to name change
"If this business were split up, I would give you the land and bricks and mortar, and...
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Is this the time to buy Transcorp Shares?
In the hey days of President Obasanjo the government announced a grand plan to support the setting up of an indigenous Nigerian...
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Why I may not buy Union Banks Right Issue
Union Bank Plc, one of Nigeria's oldest banks, has for over a month now offered for sale shares in its...
Read moreDetailsNigerian 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 moreDetailsSanusi 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 moreDetailsIs 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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