Tag "Naira"
Should investors keep giving the Buhari administration the benefit of the doubt?
Despite Nigeria’s recession investors keep buying Nigerian bonds. But will the Buhari administration deliver on economic reform?
China deal will not solve Nigeria’s problems
Nigeria secured 6 billion USD worth of investments from China, but short-term economic gains are hurting long-term parity of the relationship.
For Nigeria and Angola, the prospect of international loans offers a mixed blessing
With Nigeria and Angola seeking international loans to help ease their oil pain, investors are hoping that any loans will lead to a revision of their worrisome economic policies. With
OPEC likely to continue price war
The OPEC’s December meeting might cause more stir than usual, as the period of low oil prices enters its 18th month with no visible signs of changes in sight, and
Five countries most affected by the oil price crash
Since June 2014, global oil prices have dropped by more than 50%. The drop could strongly affect the economic and political stability of these five oil exporting countries. Oil prices
African energy producers face oil price pressure
While importing countries’ consumers are rejoicing at cheap oil prices, oil-producing countries in sub-Saharan Africa are facing severe fiscal downturns from the drastic shift in the global oil market. With global oil
Hard policy choices ahead for the Central Bank of Nigeria
With a sliding currency, the Central Bank of Nigeria is faced with a difficult policy choice. Its efforts to stabilise the naira and tame inflationary pressures are likely to be
