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1 – 10 of 12Stronger economic growth in the United States, falling domestic inflation and improving government finances are expected to support the region’s exports, consumption and…
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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NIGERIA: Naira move only do so much for confidence
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DOI: 10.1108/OXAN-ES260366
ISSN: 2633-304X
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Pressured naira.
High inflation, exchange rate pressures and depressed oil output all complicate the government’s fiscal difficulties. Meanwhile, despite a slight reduction in overall violent…
Currency developments have proved surprisingly positive since the introduction of NAFEX in April, with a strong resurgence in foreign equity investments and increased central bank…
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DOI: 10.1108/OXAN-DB223635
ISSN: 2633-304X
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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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Instead it ordered that all foreign exchange purchases should occur through commercial banks. This move aims to stabilise the value of the naira by reducing effective domestic…
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DOI: 10.1108/OXAN-DB263667
ISSN: 2633-304X
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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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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…