A Vision for Nigeria’s Future

Prologue In yet another critical week for the country, the 29th edition of the Nigerian Economic Summit outlined a vision of rekindled hope characterised by astronomical growth and development. A significant move emerged as the Standing Deposit Facility (SDF) limit on placement earnings was removed, ultimately reducing the real-impact of interbank liquidity on the yield […]

Turbulent Times

Prologue As Nigeria’s economic narrative unfolds, markets are intrigued by what  can be described as a compelling saga, where the Central Bank’s strategies appear to be converging with market resilience. The local currency has sustained a downward trend as scarcity of the dollar bites harder.  NAFEM  closed  the  week  at  $/N808.27  while  the  parallel  market […]