Tag: devaluation

Hedging your dollar risks
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Hedging your dollar risks

There are various risks attached to doing business and trading in currencies. Currency swings can and do have an impact on foreign investors over selected time periods. In developed nations, when currencies are devalued, it is to encourage exports, because the prices of local products serve as an incentive and […]

DHL Express Hikes Delivery Rates By 25%
Big Business

DHL Express Hikes Delivery Rates By 25%

DHL Express, one of the leading logistics company in Nigeria has announced that it will be increasing its pricing on “International, Domestic and Import Express products by 25%”. The new price hike will take effect from the 1st of November, 2016. The company provided a rationale for its decision, in […]

TopCheck.com.ng Sees An Increase Of 29% In Cash Loans
Startups

TopCheck.com.ng Sees An Increase Of 29% In Cash Loans

TopCheck.com.ng, a leading comparison site for loans, said demand for cash loans has experienced a significant increase. In a statement made available to PageOne, TopCheck said despite Naira devaluation, demand for loans is not tapering ‚ÄúDuring the two months before the devaluation, when black market rates spiked, we already experienced […]