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 […]

Nov 28, 2014/Bloomberg The naira posted its worst monthly drop in almost six years against the dollar and Nigerian stocks retreated for the fifth month amid tumbling oil prices. The currency of Africa’s largest oil producer fell 2.1 percent to 178.65 per dollar as of 5:35 p.m in Lagos, a […]