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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Nigeria: what Muhammadu Buhari’s re-election means for Africa’s biggest economy

Posted on Fri 22 March 2019 in Africa • Tagged with Nigeria, Boko Haram, economy, Naira, APC, Muhammadu Buhari, Buhari, Godwin Emefiele

President Muhammadu Buhari
"By Bayo Omoboriowo - This image was made available by Official Photographer of President Muhammadu Buhari, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=72788912

Iwa Salami, University of East London

Muhammadu Buhari was re-elected as president of Nigeria in late February, winning 56% of the vote …


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