“A (developing) nation’s exchange rate is indeed too important to leave completely in the hands of “market forces”. The
If we agree that transparency is increasingly of the essence, then the Central Bank must also stop leaning against the
The value of the Nigerian Naira has been consistently falling against major international currencies in recent times, particularly the US
There is growing interest in Japan by the government, parliamentarians, mega companies and startups to invest more in Africa, as
The current administration led by President Bola Tinubu has, since its first day in office, embarked on some laudable measures
The naira, Nigeria’s currency, has been under severe pressure in recent months, and the Central Bank of Nigeria (CBN), the
The World Bank has issued a warning that the ongoing conflict between Israel and Hamas in the Middle East could
In recent times, Nigeria has witnessed a concerning phenomenon: the departure of pharmaceutical companies due to economic challenges. GlaxoSmithKline (GSK),
In a significant development for Nigeria’s financial markets, MSCI Inc., a popular provider of investment decision tools and services, has
…the supply and demand of the naira ought to be the primary concern of the Central Bank of Nigeria. Yet,
Mobilizing Diaspora Bonds, ramping up crude oil production and providing the enabling fiscal/monetary policy framework are key steps the government
On Wednesday, NNPC announced securing a $3 billion crude oil backed loan from AFREXIM Bank in Cairo. It is noted
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