Fitch rates Nigerian banks economically solid on devaluation effect
28-06-2016 | 09:36:00
Nigerian banks are sufficiently well capitalised to absorb the impact of the 40 per cent effective devaluation of the Naira against the US dollar, Fitch Ratings stated in a recent release.
Five ways naira flotation will affect Nigeria - BBC
22-06-2016 | 08:40:00
Nigeria is allowing its struggling currency, the naira, to trade freely in a move to tackle the financial crisis in Africa's most populous nation. Financial blogger Feyi Fawehinmi looks at how it will affect people's lives.
Nigeria’s Buhari Reassures Investors on Naira, Restive Delta
30-05-2016 | 10:22:00
Nigerian President Muhammadu Buhari tried to reassure investors that he has the country’s currency and oil-rich Niger River delta region in hand one year after taking office.