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This period was marked by two dramatic policy moves: the removal of a costly fuel subsidy and a major devaluation of the naira. Both moves are crucial for reforming Nigeria’s…
West African currency plans.
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DOI: 10.1108/OXAN-DB252536
ISSN: 2633-304X
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Divergent strengths and weakness will determine how Africa's largest economies emerge from the recent growth wobble
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DOI: 10.1108/OXAN-GA203144
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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A former South African Reserve Bank (SARB) governor and minister of labour, Mboweni faces a crucial first few weeks in his new post as the government attempts to placate rating…
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DOI: 10.1108/OXAN-DB239138
ISSN: 2633-304X
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Geographic
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With the economy expected to contract by at least 5.4% this year, government measures to cushion the effects of the crisis are unlikely to be enough to stem worsening hardship for…