foreign currency reserves

Naira Stability and CBN Foreign Exchange Market Interventions: Is the CBN’s Benevolence Sustainable?

Naira Stability and CBN Foreign Exchange Market Interventions: Is the CBN’s Benevolence Sustainable?

The Central Bank of Nigeria has ramped up its efforts to stabilize the naira, but at what cost? Among its… Read More

3 months ago

Naira Crisis: Tinubu Should Adopt OBJ’s 1999 Solution to Boost Dollar Inflow-Dr. Ogho Okiti

Nigeria's naira crisis cannot be resolved by only monetary policies. Complementary fiscal reforms, reducing government expenditure, and growing the nation's… Read More

1 year ago

Forex Woes: Patients Left in Limbo As Nigeria’s Pharmaceutical Industry Plunged into Peril

In recent times, Nigeria has witnessed a concerning phenomenon: the departure of pharmaceutical companies due to economic challenges. GlaxoSmithKline (GSK),… Read More

1 year ago

The Nigeria Oil and Other Subsidy Traps: Is Freedom in View?

  Abundant oil revenues enabled Nigerian governments to institute vast subsidies and statist economic controls. These government interventions progressively weakened the competitiveness of… Read More

5 years ago

Nigeria’s Dollar Shortage: How it Impacts Foreign Investors and Nigerian Jobs

The Covid-19 pandemic, which has dampened economic activities around the world and along with, demand and prices for oil, is… Read More

5 years ago