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Expert briefing
Publication date: 25 March 2024
Expert Briefings Powered by Oxford Analytica

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.

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DOI: 10.1108/OXAN-DB286045

ISSN: 2633-304X

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Nigeria
AF
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politics
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foreign investment
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Expert briefing
Publication date: 22 February 2024
Expert Briefings Powered by Oxford Analytica

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

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Nigeria
AF
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corruption
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Expert briefing
Publication date: 2 October 2023
Expert Briefings Powered by Oxford Analytica

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…

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DOI: 10.1108/OXAN-DB282351

ISSN: 2633-304X

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Nigeria
AF
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banking
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Expert briefing
Publication date: 24 November 2023
Expert Briefings Powered by Oxford Analytica

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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Nigeria
AF
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banking
capital flows
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monetary
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Expert briefing
Publication date: 13 September 2023
Expert Briefings Powered by Oxford Analytica

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…

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DOI: 10.1108/OXAN-DB281914

ISSN: 2633-304X

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Geographic
Nigeria
AF
Topical
economy
politics
social
exchange rate
fiscal
government
monetary
oil
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Executive summary
Publication date: 15 June 2023
Expert Briefings Powered by Oxford Analytica

NIGERIA: Unified exchange rate may boost investment

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DOI: 10.1108/OXAN-ES279848

ISSN: 2633-304X

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Nigeria
AF
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economy
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Expert briefing
Publication date: 11 August 2023
Expert Briefings Powered by Oxford Analytica

The move has resulted in official rates depreciating sharply and converging with the parallel market rate; the spread has narrowed to just 16%. The change in policy means that the…

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DOI: 10.1108/OXAN-DB281160

ISSN: 2633-304X

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Geographic
Nigeria
ME/NAF
IMF-World Bank
Topical
economy
capital flows
exchange rate
foreign investment
monetary
food
prices
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Executive summary
Publication date: 2 November 2022
Expert Briefings Powered by Oxford Analytica

NIGERIA: Dollar shortages will strain economy

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DOI: 10.1108/OXAN-ES273781

ISSN: 2633-304X

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Nigeria
AF
Topical
economy
banking
exchange rate
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Expert briefing
Publication date: 12 September 2022
Expert Briefings Powered by Oxford Analytica

This follows the fallout from an August 18 decision by Emirates Airlines -- and subsequently others -- to suspend operations in Nigeria due to their inability to repatriate an…

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DOI: 10.1108/OXAN-DB272659

ISSN: 2633-304X

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Nigeria
AF
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economy
industry
airlines
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transport
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Expert briefing
Publication date: 28 April 2023
Expert Briefings Powered by Oxford Analytica

These subsidies were scheduled to end in June. The Council justified the decision on the need for more preparatory work, particularly by the incoming administration of…

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DOI: 10.1108/OXAN-DB278745

ISSN: 2633-304X

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