forex shortage
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People & Money
Foreign currency shortages are cutting Nigerians off from Apple Music, AliExpress, and more
In July 2021, Lagos-based software engineer Sodiq Lawal was working on a project for a fintech startup when the Central…
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Naira exchange rate
How to Stabilize the Naira
Recent slides in the official exchange rate of the Naira and the dramatic widening of the parallel market premium signaled…
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People & Money
Will Nigeria’s Liquidity Shortage Morph into a Solvency Crisis?
While domestic debt remains a large share of Nigeria’s rising debt, there has been a growing reliance on external loans…
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People & Money
Dollar Shortage Poses Major Risks to Nigerian Banks – Fitch
International rating organisation, Fitch Ratings has said that foreign exchange liquidity and dollar shortage pose significant risks to the ratings…
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