NIGERIA’S FLOATING EXCHANGE RATE SYSTEM, WHAT NEXT? -2
In 2016, German bund yields have broken the once inconceivable zero mark to trade at negative yields. The on-going European Central Bank’s current Quantitative...
NIGERIA’S FLOATING EXCHANGE RATE SYSTEM, WHAT NEXT? -1
It took the Central Bank of Nigeria (CBN) 16 months to succumb to domestic and international pressure to re-open the Foreign Exchange (FX) market...
ntel repositions board for $1 billion investment
NatCom Development & Investment Limited “NatCom” ( ntel) has announced a key addition to its board and the emergence of elder statesman, accomplished businessman...
MTN Group issues profit warning over impact of Nigeria fine
South Africa based MTN Group on 19 July announced that it will make a loss for the six month period ended 30 June. The...
Oando Plc issues profit warning as naira fall raises debt by N24 billion
The difficult times at Nigeria’s leading indigenous energy group, Oando Plc is not going away soon as the company on 18 July warned that...
Why GTBank and Access Bank are releasing half year results late
GTBank and Access Bank have both informed the Nigerian Stock Exchange (NSE) that they will be releasing their half year results behind schedule.
In a...
How Buhari Courted Inflation
What is Buhari doing wrong that is resulting in runway inflation in the slightly more than one year he has been in office? For...
Fitch Affirms GTBank’s Rating At B+ With Stable Outlook
Guaranty Trust Bank remains one of the top two rated Banks in Nigeria as shown by the recently released Rating Report by Fitch, a...
Why You Should Be Worried About Nigeria’s Rising Inflation
The National Bureau of Statistics (NBS) on 18 July released the latest inflation figures, showing it has now risen to an average of 16.5%...
Delta Air Lines Reports Pre-tax Income of $2.4 Billion for June 2016 Quarter
Atlanta based, Delta Air has announced pretax income of $2.4 billion and an adjusted pre-tax income for the June 2016 quarter of $1.7 billion,...
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