Billionaire investor Ray Dalio issued a stark warning regarding the future of global finance during a recent address at the Oxford Union, asserting that all major fiat currencies are “in trouble” due ...
The Bridgewater Associates founder predicts the world is entering a period of significant currency devaluation comparable to the 1930s and 1970s. Dalio's central thesis rests on the concept that ...
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The Poison In Further Naira Devaluation
By: Sir Henry Olujimi Boyo (Les Leba) first published in August 2015 INTRO: Recently, this column republished “Yoyo Naira Exchange Rates and Common Sense.” It examines how CBN policies involving ...
ABUJA, Nov 12 (Reuters) - Nigeria's National Assembly on Wednesday approved an additional 1.15 trillion naira ($784 million) in domestic borrowing to help fund a shortfall in the 2025 budget.
Investors are turning to gold, silver, and bitcoin amid fears of currency debasement. Concerns about rising government debt, low interest rates, and potential inflation are growing. Experts debate the ...
Nigeria's Dangote refinery resumes naira petrol sales after brief halt over crude supply constraints
LAGOS, Sept 28 (Reuters) - Nigeria's Dangote Petroleum Refinery has resumed selling petrol in naira, following a brief suspension due to crude supply constraints, according to a notice sent to ...
Amy Poehler has some choice words about the Academy of Motion Picture Arts and Sciences‘ snubbing of comedic performances. The Saturday Night Live vet and Parks and Recreation alumna blasted the ...
Holding too much cash could have a negative impact on the value of your portfolio over time. The simplest way to protect against USD devaluation is to own low-fee ETFs and inflation-resistant assets ...
I’m Chris Anstey, an economics editor in Boston. Today we’re looking at China’s currency management and its impact on Europe. Send us feedback and tips to [email protected]. And if you aren’t yet ...
When President Bola Ahmed Tinubu’s administration dismantled Nigeria’s rigid foreign exchange regime in 2024, critics were quick to call it a currency collapse. The naira plunged to N1,800 per dollar ...
I would like to welcome the new members who have joined us recently. Newer members should check out the "Getting Started" tab for tips on how to use the site and get the most of your subscriptionAs a ...
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