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Currency Devaluation Vs Depreciation: The Big Difference

Devaluation and depreciation are two different economic and financial terms that are wrongly used interchangeably. A clear-cut understanding of the difference between both terms would provide a better guide on their usage. Devaluation occurs when a country makes a conscious...
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Q1 2020 Earnings Update- DANGCEM

Revenue Growth on the back of sustained Demand DANGCEM H1’2021 double-digit growth in Revenue by 44.81% y/y to close at N690.55bn could largely be attributed to higher sales volumes during the period, arising from the surge in volumes sold to 15.3mmt...
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CBN MPC Resolution – Implications

The Possible Implications of the CBN Resolutions on FX (Foreign Exchange) Sales and BDCs (Bureau De Change) At the end of the fourth Monetary Policy Committee (MPC) meeting for the year, which held on the 26th and 27th July 2021,...
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