Nigerian economy

Africa’s richest man got a fistful of dollars in Nigerian currency squeeze
Business

Africa’s richest man got a fistful of dollars in Nigerian currency squeeze

As Nigeria grapples with a foreign exchange crisis, one person stands out in the scramble to obtain hard currency: Aliko…
Nigeria to abandon naira peg in favour of open market trading
Business

Nigeria to abandon naira peg in favour of open market trading

Nigeria's central bank said on Wednesday it would begin "purely" market-driven foreign currency trading next week, abandoning its 16-month peg…
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