Dec 1, 2014/Bloomberg The naira weakened to a record against the dollar and the yield on Nigeria’s Eurobonds rose to an eight-month high as a slump in oil prices dimmed the outlook for Africa’s biggest crude producer.Na The currency depreciated 2.9 percent to 184.05 at 2:20 p.m. in Lagos after […]

The recent devaluation of the naira will result in huge industry closures, high inflation and job losses, going by analyses provided by experts, OYETUNJI ABIOYE, ANNA OKON and FEMI ASU write The economy of Nigeria, the largest in Africa, will enter a new mode in about three months’ time and […]

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Deposit Insurance Corporation (NDIC) is set to kick-off its 2014 journalists workshop in Katsina, Katsina State, northern Nigeria. According to an invitation letter by Hadi Birchi, head, communications & public affairs of the NDIC and addressed to InvestAdvocate, the workshop will commence on Monday December […]