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WEST AFRICA: Currency changes gain official momentum
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DOI: 10.1108/OXAN-ES252752
ISSN: 2633-304X
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Geographic
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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
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NIGERIA: Economic woes to boost South Africa prospects
Nigeria oil and gas developments.
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DOI: 10.1108/OXAN-DB227851
ISSN: 2633-304X
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African debt burdens
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DOI: 10.1108/OXAN-DB227959
ISSN: 2633-304X
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This has increased pressure on President Muhammadu Buhari’s government to fast-track reforms amid worsening unemployment and inequality. Meanwhile, ongoing security crises…
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DOI: 10.1108/OXAN-DB253508
ISSN: 2633-304X
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Geographic
Topical
Nigeria’s land borders have been closed since August 2019, officially to check indiscriminate smuggling of goods into the country. The closures have been blamed in part for rising…
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DOI: 10.1108/OXAN-DB258209
ISSN: 2633-304X
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Geographic
Topical
NIGERIA: Currency rules will disrupt business
NIGERIA: Dire economy could face recession in 2016
This has temporarily boosted the supply of forex, causing the naira to appreciate in the parallel market around December. However, this proved short-lived, with the CBN resorting…