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Nigerian state finances.
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…
Other central banks in sub-Saharan Africa (SSA) have been increasing rates in a bid to contain inflation and shore up currencies. However, further increases risk dampening growth…
Living standards are set to decrease further, with the number of Africans in poverty projected to rise for the first time in two decades. Current debt relief initiatives look…
These aim for tighter CBN control over the parallel market. The CBN is also seeking to stabilise the currency through bond issuances, cryptocurrency crackdowns and other schemes.
Details
DOI: 10.1108/OXAN-DB286045
ISSN: 2633-304X
Keywords
Geographic
Topical
The bombing is the latest setback for the government. Recent military gains against Boko Haram and increasing oil production in the Niger Delta have failed to offset the distinct…
Nigeria's 2020 budget.