Guinness Nigeria Posts First Loss in 30 Years as Downturn Weighs
Bloomberg: Guinness Nigeria Plc, the country’s second-biggest brewer, posted its first loss in at least 30 years as…
Nigeria Still Can’t Get A Grip On Its Black Market
Bloomberg: Nigeria’s still struggling to tame its black market exchange rate, even after a devaluation in June. While…
![National Data Archive [National Bureau of Statistics]](https://unicpress.com/wp-content/uploads/2016/09/National-Data-Archive-National-Bureau-of-Statistics.jpg)
Nigerian Trade Deficit Narrows As Exports Surge on Devaluation
Bloomberg: Nigeria’s trade deficit narrowed in the second quarter as the value of exports from Africa’s most populous…
Nigeria Stock Exchange Sees ‘Total Reduction’ In Activity
Bloomberg: The Nigerian Stock Exchange has seen a reduction in activity by almost half this year even after…
Nigeria Naira At Record Black Market Low, Stocks Sink As FX Bans Weigh
Reuters: Traders said the local currency fell due to the impact of the suspensions, compounding the dollar…
Nigeria Is Running Out of Firepower to Defend the Naira: Chart
Bloomberg: Nigeria’s foreign reserves keep on falling: they stood at $25.8 billion on Aug. 16, the lowest since…