Nigerian dollar millionaires to soar 47 percent in four years, study says

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Capital market downturn

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Currency pegs shaky after emerging market rout

The devaluation of Kazakhstan’s rouble-shadowing tenge has left investors wondering which other closely managed emerging market currencies might be next, with those of commodity exporters like Nigeria and Angola in the spotlight. Reuters reported that the free-floating currencies of the &... [More]

What NMRC, HOMS and recapitalized PMBs mean to the economy

The Nigerian mortgage industry in the last couple of months has seen activities which analysts say are unprecedented in the annals of housing finance developments in the country, rekindling hope and confidence in an industry that was, before now, a lame-duck that inspired nothing but despair.  ... [More]

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