Currency intervention articles
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Volatile Nigerian Currency Rallies 12%, Becomes Best-Performing Currency in April – Africa Bitcoin News
After months of sustained decline, the Nigerian currency has rallied since March and is currently ranked as the best-performing fiat currency in April. Andrew Matheny, an economist at Goldman Sachs, said the naira’s momentum can only be maintained if policymakers do not deviate from their current course. Maintaining the Momentum of the Naira According to […]
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A new currency to dethrone the dollar?
Could the power of the dollar be in decline? As BRICS countries openly toy with the idea of creating a common currency, is the global system ready to adopt a new international money? Physicists, who analysed the mathematical structure of trade, investigated.
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Stakeholders demand reforms in social interventions
Since the COVID-19 pandemic, palliatives, often used by governments as a stop-gap measure to support the most vulnerable in society, are now becoming permanent fixtures in Nigeria’s economy, writes EDIDIONG IKPOTO In February, about seven people reportedly lost their lives in a stampede at the Nigeria Customs Service office in Yaba, Lagos, during the sale Read More