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Nigeria's forex dynamics
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DOI: 10.1108/OXAN-DB233972
ISSN: 2633-304X
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Although the promise of Cuba's 'opening' has brought a rush of high-level US and European visits, change will be slow. Negotiations to restore diplomatic relations with…
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DOI: 10.1108/OXAN-DB199899
ISSN: 2633-304X
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Geographic
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The stability of the lira since June 2022 is primarily a result of President Recep Tayyip Erdogan’s government shoring up the currency despite cutting interest rates. The…
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DOI: 10.1108/OXAN-DB275967
ISSN: 2633-304X
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With second-quarter targets unmet, the deal was delayed by conflicting positions on fiscal and exchange policies. Economy Minister Sergio Massa’s recent policy package paved the…
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DOI: 10.1108/OXAN-DB281076
ISSN: 2633-304X
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NIGERIA: Forex pressures likely to persist
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DOI: 10.1108/OXAN-ES257905
ISSN: 2633-304X
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The plan aims for 85% funding by private capital, with the balance coming from federal and state governments. It also envisions 5% average annual GDP growth over the period, and…
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DOI: 10.1108/OXAN-DB265870
ISSN: 2633-304X
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Nigerian economic policy.
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DOI: 10.1108/OXAN-DB247693
ISSN: 2633-304X
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Recently, the IMF published its annual country surveillance report on Nigeria, which warned of serious consequences from “insufficient” policies proposed in the government’s newly…
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DOI: 10.1108/OXAN-DB220222
ISSN: 2633-304X
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High export taxes on the soya complex have encouraged farmers to shift to corn. Rising export earnings will help to strengthen international reserves and tax revenues. Argentina’s…
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DOI: 10.1108/OXAN-DB261520
ISSN: 2633-304X
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This is close to the ceiling of the target band of 2.25-5.25% set for this year. In response, the Central Bank last week raised its benchmark interest rate from a record low of…