Columns

Nigeria’s Current Economic Woes, How Complicit is the Buhari Administration?, By Uddin Ifeanyi

To the extent that the reforms it later came to embrace had been put out even before it assumed office as essential to giving the economy a new lease on life, the administration’s lateness to the game is a strange call to make. Essentially, the argument over the extent of…
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Columns

Naira, Between the CBN’s Dream and its Nightmare, By Uddin Ifeanyi

The CBN may look to its political space for cues, but its mandate is an economic one. If after freeing the naira from current policy impediments it loses value rapidly, that would be because the economy (and the policy responses of its managers) do not yet support a currency as…
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Opinion

The Challenges Before Buhari, By Ibrahim Abubakar Lajada

Nigerians are concerned about the lack of results from President Muhammadu Buhari’s administration after ten months in office. Many agree that Buhari inherited enormous challenges from the previous administration, but he was voted into office because Nigerians trusted him to bring the change he promised. Almost one year on and…
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Opinion

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 best interest of Nigeria at this point in time. A widely-held axiom is that export-dependent countries prefer lower values for their currencies, while import-dependent countries prefer higher values for their…
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