Nigeria’s new foreign exchange policy is good news - but it can’t work wonders for the economy on its own

Posted on Thu 22 June 2023 in Nigeria • Tagged with Central Bank of Nigeria, CBN, Bola Ahmed Tinubu, Tinubu, APC, Naira, Dollar, IMF

A man exchanges Nigeria’s Naira for US dollars in Lagos in April 2021. Pius Utomi Ekpei/AFP via Getty Images

Stephen Onyeiwu, Allegheny College

The Central Bank of Nigeria recently announced changes to the way the country’s foreign exchange market will work. Foreign currencies can now be bought …


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Sudan’s conflict will have a ripple effect in an unstable region - and across the world

Posted on Wed 10 May 2023 in Africa • Tagged with Sudan, Central African Republic, Egypt, Libya, Chad, South Sudan, Ethiopia, Eritrea, US, Russia, UAE, Saudi Arabia, Port Sudan, Khartoum, Sudan Army, RSF, Dagalo, al-Burhan

The raging conflict in Khartoum could negatively affect trade flows through Port Sudan to the rest of the world. Getty Images

John Mukum Mbaku, Weber State University

Sudan, Africa’s third largest country by land mass, shares borders with seven countries in an unstable region. This means that Sudan’s …


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