12/1/2017/Reuters Nigeria’s stock exchange NSE is working “very closely” with South African cell operator MTN on a listing of its shares this year, the head of the bourse said on Thursday. “The pressure on MTN has never been higher to list,” NSE Chief Executive Oscar Onyema told a business conference. […]
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Nigerian central bank tells FX traders it won’t devalue naira
12/1/2017/Reuters Nigeria’s central bank has told Bureau de Change operators it does not intend to devalue the naira and will support it at current levels, especially with a recent rise in oil prices, the head of their association said on Thursday. Aminu Gwadabe, president of Bureau de Change operators, said […]
Nigeria: Inflation Rate to Retract
Culled—Proshare January 13, 2017/FSDH Research Highlights • We expect the inflation rate (year-on-year) to drop marginally to 18.44% from 18.48% recorded in November 2016 • The Food Price Index at the international market decreased marginally by 0.07% in the month of December 2016 • The value of the Naira depreciated […]
