BOOM: Exchange Rate Now N492/$1
This just in from the black market; Update:29-09-2016 Selling: USD: $1/₦492.00 GBP: £1/₦601.00 EUR: €1/ ₦521.00 Buying: USD: $1/₦475.00 GBP: £1/₦580.00 EUR: €1/ ₦500.00 More to follow….
Relief, As MSCI Retains Nigeria In Frontier Market Index
MSCI Inc. (NYSE: MSCI), a leading provider of research-based indexes and analytics, announced its decision to formally add the Nigeria MSCI index to the review list for a potential reclassification…
IFC Explains Why It Will Take 3 Years To Give Small Businesses In Nigeria $20 billion Loan
Anambra: Wednesday, September 28, 2016: IFC, a member of the World Bank Group, has said the Credit Reporting System (CRS) and National Collateral Registry (NCR) will help facilitate over $20…
This Analysis Explains How The Exchange Rate Could Be N752/$1 By Xmas, If Things Remain As Is
The Naira hit yet another all time low on Thursday after it sold for as low as N490/$1 in some sections of the black market. The local currency has been…
Domestic Airlines In Nigeria Recorded A Whopping 16,353 Cases of Delayed Flights In 6 Months
Domestic airlines operating in Nigeria recorded 16,353 cases of delayed flights between January and June, statistics from the Consumer Protection Department of Nigerian Civil Aviation Authority (NCAA) have revealed. A…
Vitafoam Nigeria Plc Release 9 Months Earnings
Vitafoam Nigeria Plc released its 9 months result for the year ended 30 June 2016 ; See below Vitafoam Nigeria Plc 2016 9 Months Result Vitafoam Nigeria Plc 2016 9months…
Petrolex Signs Deal To Construct Nigeria’s Largest Petroleum Depot
Petrolex Group has signed an agreement with the Ogun State Government for the construction of the multi-million dollar refinery. The refinery is proposed for the Odogbolu Local Government Area of…
Janet Yellen On The Fed Buying Stocks: “Maybe In The Future, Down The Line…”
There was an interesting exchange during Janet Yellen’s testimony before the House Financial Services Committee on Wednesday morning, when South Carolina Republican Mick Mulvaney asked Yellen if the Fed will…
Obama Humiliated: For The First Time, Congress Votes To Override President’s “Sept 11” Bill Veto
Summary: US Congress, first the Senate and then the House, humiliated the president when it voted on Wednesday to override Obama for the first time in his eight-year tenure, as…
How The ‘Deplorables’ Can Save America
Submitted by Brandon Smith via Alt-Market.com, In my last article, “The Deplorables – Who We Are And What We Want,” I examined the basic philosophies that define what I call…