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This is the second devaluation of the naira in less than six months on the official foreign exchange (forex) market. The CBN has previously staved off a devaluation despite the…
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DOI: 10.1108/OXAN-DB255029
ISSN: 2633-304X
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Geographic
Topical
Finance Minister Wale Edun on October 23 announced that a major inflow of USD10bn was expected in the coming weeks to ease liquidity in the foreign exchange market. The…
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DOI: 10.1108/OXAN-DB283588
ISSN: 2633-304X
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Geographic
Topical
Cardoso replaces former Governor Godwin Emefiele, who is currently facing corruption charges. The Senate also confirmed four deputy governors, making it the first time in the…
NIGERIA: Dollar shortages will strain economy
Cardoso has promised to prosecute any entities involved in making fraudulent claims. The Deloitte audit is one of three concurrent investigations into the bank’s management under…
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DOI: 10.1108/OXAN-DB285419
ISSN: 2633-304X
Keywords
Geographic
Topical
Dollarisation in Africa.
Prospects for emerging economies to end-2016.