Politics
General news on the economy and politics.
Three Reasons Why The Naira Is Trading Above N200 to $1
The Naira is currently trading above N200 in most parts of Nigeria and understandably a lot of my readers are...
Read moreDetailsNaira Records Worst Week In History
The naira closed at a record closing low of 190.60 to the dollar on Friday, despite the central bank intervening...
Read moreDetailsNow That $1 Equals N200, Here is a ‘Doomsday’ Conspiracy Theory of What’s Next
The Naira has finally hit N200 in the black market and it appears it has no way of coming down...
Read moreDetailsHow The New CBN Restriction of rDAS (Dollar) Sales to BDCs Could Affect Your Money
The CBN has issued another circular increased its Net Open Position from 0.1% to 0.5% of shareholders fund unimpaired by...
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DEVALUATION 2.0: Naira Drops To Lowest EVER at The Interbank, Ahead of MPC Communique
It was another record low for the Naira today after it fell by 3.6% to N191 191.85 naira against the...
Read moreDetailsA-N-N-O-U-N-C-E-M-E-N-T: JP Morgan ‘Threatens’ To Yank Nigeria Out Of Its Emerging Market Bond Index
In a drastic twist of fortunes JP Morgan has threatened to eject Nigeria from its widely benchmarked emerging market index....
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Did This Statement From Oscar Onyema Trigger The Mega Sell-Offs Of Nigerian Stocks
Source: Bloomberg Nigerian All Share Index already has the enviable record of being the worst performing stock of 2015 after...
Read moreDetailsOfficial: Why Nigerian Stock Market Performed Poorly in 2014, According to NSE
If you are a regular reader of this blog, then by now you should have a good idea of why...
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AMCON Boss Wants CBN To ‘Devalue’ The Naira Quarterly
Just after the CBN Monetary Policy Committee announced devaluation of the naira last year, a CBN Deputy Governor Adebayo Adelabu...
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