Tag: Ravi Bhatia

S & P Says Nigeria will have to Gradually Devalue Naira in 2016

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Rating services firm, Standard & Poor’s said on Thursday Nigeria will have to devalue the naira at some point in 2016 and in gradual adjustments, according to a Reuters report. The report affirmed that investors have seen a devaluation of the naira as long overdue […]