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The new regulations respond in part to the naira’s recent devaluation and depreciation, which have substantially shrunk domestic banking capital in dollar terms. It is the first…
This has temporarily boosted the supply of forex, causing the naira to appreciate in the parallel market around December. However, this proved short-lived, with the CBN resorting…
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DOI: 10.1108/OXAN-DB259421
ISSN: 2633-304X
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This gives priority to selected local manufacturers who will now have easier access to forex at official rates. This forms part of a broader CBN programme aimed at supporting…
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DOI: 10.1108/OXAN-DB268192
ISSN: 2633-304X
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Geographic
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Nigerian securities have been among the world's worst performing following the decline in oil prices since June 2014, which has -- together with a resurgent dollar -- also driven…
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DOI: 10.1108/OXAN-DB197908
ISSN: 2633-304X
Keywords
Geographic
Topical
Prospects for emerging economies to end-2016.