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The Inflation Interplay in Nigeria
Five years ago, 5 naira and 10 naira currency were a significant part of our national denomination, and you could walk into any shop and get sweets, biscuits for that amount. This same…
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Towards a Unified Foreign Exchange Rate System in Nigeria
In a bid to increase access to Forex, the CBN created the I&E FX (Investors and Exporters Forex Window) in 2017 for importers in order to ease the pressure faced by the businessmen…
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The Economics of Printing the Naira
This article explains why the idea of printing more money is unfounded given the state of the Nigerian economy.
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Why the Central Bank of Nigeria will Devalue the Currency in 2020
With the Coronavirus outbreak having its toll on business and economic activities, recently released trade figures as well as policies not having their desired effects, we believe that there will be an unexpected…
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What is the Impact of Coronavirus on the Nigerian Economy?
An Introduction Though started on December 30 2019 when Dr. Li Wenliang dropped bombshell in his medical school alumni group on WeChat about the kind of illness he had seen from seven patients,…