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However, these macro-level improvements belie both uneven reform implementation and the worsening economic environment faced by most Nigerians.
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DOI: 10.1108/OXAN-DB287019
ISSN: 2633-304X
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Geographic
Topical
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…
Stronger economic growth in the United States, falling domestic inflation and improving government finances are expected to support the region’s exports, consumption and…
Nevertheless, it remains mired in many of the same basic governance and security challenges that derailed its predecessors. There is little evidence that it has a plan to address…
The FATF sets international standards in anti-money laundering and countering the financing of terrorism (AML/CFT). Problematic jurisdictions can be placed on either a 'grey' or a…
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DOI: 10.1108/OXAN-DB280226
ISSN: 2633-304X
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Geographic
Topical
This aims to lower repayment obligations, reducing interest on the loans from 21.5% to 9.0% with a three-year repayment moratorium. It also looks to increase transparency over…
NIGERIA: Fuel subsidy removal may bring strikes
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…
The downgrade reflects the expected realisation this year of the delayed global economic slowdown. The resulting debt overhang in the region has depleted the space for fiscal…
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DOI: 10.1108/OXAN-DB280137
ISSN: 2633-304X
Keywords
Geographic
Topical
NIGERIA: Price rises may pressure Tinubu to compensate