Nigerian investors seek out safe haven high returns - Analysts
As markets in Nigeria begin fourth quarter trading today, market analysts say investors and portfolio managers will continue to seek best returns in safe haven assets, while investors in riskier assets such as equities.
Elaborate plan to take Nigeria out of recession
Minister of Information and Culture Lai Mohammed said the government would soon reel out an elaborate plan to take the country out of recession.
S&P speaks on Nigeria's downgrade status
Standard and Poor's global ratings downgraded Nigeria further into junk status, citing a marked contraction in oil production, a restrictive foreign exchange policy and delayed fiscal stimulus.
Nigeria investors await outcome of MPC meeting
Nigeria's Monetary Policy Committee will kick off its bi-monthly meeting on Monday. Investors will keep a close eye on the outcome of the meeting as the monetary authorities react to the economic slowdown and dollar shortage.
Is Nigeria becoming the next Venezuela?
Multiple exchange rates, a reluctance to officially devalue the currency and a forex shortage are a few similarities between Nigeria and Venezuela that have fuelled concerns that Nigeria may be on the path of economic decline.
Nigeria July Inflation Data: What to expect?
As the wait continues for Nigeria's July inflation figures that will be published at the end of the month continues, what should investors expect?
Inflation and the Nigerian economy (part 2)
On the second part of the rise of inflation and the Nigerian economy, commissioned by The Guardian, we look at its impact on everyday Nigerians. In Lagos, a taxi driver explains the challenges and effects this has had on his business.