Why the New Interbank Market Must Not Fail, By Uddin Ifeanyi
At the heart of the crisis in the new interbank market, then, is a disagreement about what is fair value ...
Tag: Forex markets
Re-introducing and Operationalising Nigeria’s Flexible Exchange Rate Market, By Godwin Emefiele
...let me note that the Central Bank is strongly determined to make this market as transparent, liquid, and efficient as ...
Much Ado About Nigeria’s Yuan Swap Deal, By Nonso Obikili
Basically option 3 means that if you route your imports from China through Nigeria, then you get a 65% discount ...
Interrupting The Naira’s Winter Migration, By Uddin Ifeanyi
...to argue against the market because of a set of arbitrary developments (in all likelihood a one-off intervention on Wednesday ...
Naira Devaluation and the Nigerian Economy – Focusing on the Big Picture, By Nonso Obikili
Here in Nigeria we see similar echoes of state-led collapse in certain sectors of the economy. The government controlled and ...
Looking Past the Value of the Naira, By Chuba Ezekwesili
Nigeria is focused on the wrong metric. Every day, we hear more about the price of dollar to naira than ...
How Not to Defend Buhari, By Moses E. Ochonu
Do not attribute the president’s failures to a systemic rot. This is a cop out. This is his second stint ...
President Buhari, We Are Killing Jobs Not the Naira, By Akin Oyebode
In a recent interview with the BBC, President Buhari said: “I have asked the Central Bank Governor and others to ...
To Devalue Or Not?, By Uddin Ifeanyi
...the parallel market sells dollars to those who would buy at N305. How come then that we still have persons ...
The Naira Exchange Rate Conundrum, By Olusegun A. Oyediran
In a nutshell, naira devaluation or a flexible exchange rate mechanism that erodes naira currency value is not in the ...
