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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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This follows an October 26 Central Bank of Nigeria (CBN) statement announcing the withdrawal of older notes from circulation. The CBN argued this was necessary to check…
African Eurobond push
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DOI: 10.1108/OXAN-DB231981
ISSN: 2633-304X
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However, due to the Fund's outdated quota calculations, underperforming states would benefit the most, while Africa's most dynamic economies would see limited gains.
Nigerian state finances.
These shocks will sustain already heightened reform pressures on the government during a period of diminishing public revenue. Security crises across various states and regions…
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DOI: 10.1108/OXAN-DB257599
ISSN: 2633-304X
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Nigeria's COVID-19 response.
The amendment officially seeks to improve the ease of doing business by establishing a more efficient means of regulating businesses and minimising the compliance burden for small…
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DOI: 10.1108/OXAN-DB257898
ISSN: 2633-304X
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Nigeria's state debts.
This has increased pressure on President Muhammadu Buhari’s government to fast-track reforms amid worsening unemployment and inequality. Meanwhile, ongoing security crises…