Here’s why Nigerian stocks and the naira (NGN) are soaring this year

It’s up strongly this year and is a direct beneficiary of Nigeria’s improving macro (higher reserves, stronger naira) plus ...
San Diego Union-Tribune

Nigeria’s currency has fallen to a record low as inflation surges. How did things get so bad?

ABUJA, NigeriaABUJA, Nigeria — Nigerians are facing one of the West African nation’s worst economic crises in years triggered by surging inflation, the result of monetary policies that have pushed the ...
Yahoo

Nigeria sees cash shortage amid push for redesigned currency

ABUJA, Nigeria (AP) — Nigeria's push to replace its paper money with newly designed currency notes has created a shortage of cash, leaving people unable to buy what they need and forcing businesses to ...
Forbes

Nigeria’s Sliding Currency Leaves Foreign-Backed Startups In Limbo

Pedestrians carry boxes of goods across a busy road near a giant advertising screen showing US dollar, British pound and euro foreign currency exchange rates in Lagos, Nigeria, on Wednesday, July 26, ...