forex shortage

Foreign currency shortages are cutting Nigerians off from Apple Music, AliExpress, and more

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… Read More

2 years ago

How to Stabilize the Naira- Dr Ayo Teriba

Recent slides in the official exchange rate of the Naira and the dramatic widening of the parallel market premium signaled… Read More

4 years ago

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… Read More

4 years ago

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… Read More

4 years ago