Bloodbath for multinationals as naira slide wipes shareholders’ funds
The freefall of naira, one of the world’s worst-performing currencies last year, has sparked a bloodbath among multinational companies operating...
- Thursday, June 04, 2026
BusinessDay
The freefall of naira, one of the world’s worst-performing currencies last year, has sparked a bloodbath among multinational companies operating...
When the United Kingdom was weighing the decision of whether to exit or remain in the European Union, 300 leading...
…Sells $100m The Central Bank of Nigeria (CBN) on Thursday sold a little over $100 million to the banks that...
The Central Bank of Nigeria (CBN) took its latest step towards stabilising the naira after selling almost $90 million in...
The share price of Access Corporation, the holding company for Nigeria’s largest bank, fell Monday, the first trading day since...
Nigeria will go after wealthy citizens evading tax yet again in a new amnesty scheme that will correct the failings...
…FPIs stage return …Boost for naira as higher interest rate set to lure dollars …Investors to rotate from stock market...
Benin Republic’s first-ever dollar denominated bond- a $750 million issue- was oversubscribed to the tune of $5 billion on Wednesday...
The yield on the one-year Nigerian treasury bill jumped to 23.45 percent at an auction Wednesday in what is a...
John Darlington, former managing director of the defunct Bond Bank, in this exclusive interview with Lolade Akinmurele and David Ijaseun,...