Tags » Nigerian Economy

IMF and the Naira Valuation: Hidden Intentions or Naive Estimation?

Last week, the International Monetary Fund (IMF) released its Article IV report on Nigeria, which essentially is the international agency’s review of key macroeconomic developments in Nigeria over 2016 and its recommendations for policy makers on how to manage the economy in the near and medium term. 1,746 more words

Nigerian Economy

Which way Nigeria: To float or not?

On Friday, the naira closed at N390/$ down from N500/$ levels in January. The development follows a change of heart by the Central Bank of Nigeria (CBN) in February 2017 to ramp up dollar sales towards the retail segment. 2,641 more words

Nigerian Economy

POLITICS AND HOW IT AFFECTS THE NIGERIAN ECONOMY

by Opeoluwa Dapo-Thomas

This article is not an empirical evidence on the effects of Politics on the Nigerian economy but rather it is an analytical discuss on how the influence of Politics can affect our economy. 734 more words

Could This Be The End Of The ‘Spraying’ Culture In Nigeria?

Can you imagine a Nigerian celebration without ‘Spraying’? It seems almost impossible. ‘Spraying’ has become a huge part of the Nigerian celebration culture, so much that even when we are not in our country we continue by spraying the currency of whichever country we’re in. 316 more words

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Nigeria's Human Capital Advantage

by Rotimi Okewole-Lawal

The term ‘Human capital’ was popularized by Gary Becker, an economist from the University of Chicago and Jacob Mincer. Human capital refers to the stock of knowledge, habits, skills, experience, social and personality attributes, embodied in the ability to perform labor so as to produce economic value. 929 more words

Is Cashless Nigeria, The Way Forward.

Nigeria has a vision of becoming one of the Top 20 World Economies by the year 2020. However, in more recent times it seemed as though it was a far reach with the plummeting Naira exchange rate and the country suffering from a ‘recession’ which has been labelled a “self-created recession”. 199 more words

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The Increasing Popularity of Virtual Currencies in Nigeria.

Virtual currencies have become increasingly popular in more recent times. Many have taken part in these schemes with hopes of receiving large returns after “investing” their money over a short period of time; promising large returns of almost double of what was invested. 555 more words

Nigeria