Search results
1 – 10 of 23This 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…
Details
DOI: 10.1108/OXAN-DB255029
ISSN: 2633-304X
Keywords
Geographic
Topical
Nigeria oil and gas developments.
Details
DOI: 10.1108/OXAN-DB227851
ISSN: 2633-304X
Keywords
Geographic
Topical
African debt burdens
Details
DOI: 10.1108/OXAN-DB227959
ISSN: 2633-304X
Keywords
Geographic
Topical
This has increased pressure on President Muhammadu Buhari’s government to fast-track reforms amid worsening unemployment and inequality. Meanwhile, ongoing security crises…
Details
DOI: 10.1108/OXAN-DB253508
ISSN: 2633-304X
Keywords
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…
Details
DOI: 10.1108/OXAN-DB258209
ISSN: 2633-304X
Keywords
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…
Details
DOI: 10.1108/OXAN-DB259421
ISSN: 2633-304X
Keywords
Geographic
Topical
This reflects broader investor concerns over the risk profile of Nigeria’s debt. Ballooning fuel subsidy payments resulting from high oil prices have contributed to these fears…
NIGERIA: Bond index threat could force policy shift