Impact of Nigeria's naira devaluation on Q2 earnings
As the second quarter earnings season winds down, a big takeaway has been the impact of the devaluation of the naira on corporate Nigeria.
Nigeria central bank suspends nine banks from forex market
The Central Bank of Nigeria suspended nine banks from the interbank currency market for failing to return a total of 2.3 billion dollars of NNPC and Nigerian Liquefied Natural Gas funds to the Treasury Single Account.
Nigeria's FCMB, Courteville post mixed earnings
Nascon, FCMB and Courteville Business Solutions posted mixed earnings at the Nigerian Stock Exchange today.