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ABOUT ACIOE ASSOCIATES

ACIOE Associates is an advisory services firm providing solutions in Strategy, Government Relations, Regulatory Affairs, Economic Development...

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November 3, 2022

NIGERIA’S FOREX CHALLENGES AND THE WAY FORWARD

2022 has proved to be a challenging year for the naira. It has lost close to 36 percent of its value relative to the dollar in the parallel market. The naira is currently trading at N437.05/$ at the official rate and N760/$ on the parallel market, coupled with inflation at 20.7 percent and subdued forex […]

October 26, 2022

NIGERIA 2023: AN OUTLOOK ON THE POLITICAL ECONOMY OF THE ELECTIONS

The unique cultural idiosyncrasies of any society are reflected in any significant event or activity that characterizes said society.  Nigerian culture has unique traits, including the propensity to attach catchphrases and slang around events and occurrences of notoriety, importance, or infamy. And there is no event more significant than the general elections that have been […]

September 28, 2022

OUTLOOK ON THE PRESIDENTIAL ELECTIONS IN NIGERIA

As the parties officially kick-start their campaigns for the 2023 elections today, Wednesday, September 28, 2022, observers are keen to unravel who will take over from President Buhari as he concludes his 2nd term in office on May 29, 2023. Candidates running for elective office will have an extended campaign period of about six months, […]

July 1, 2022

WOMEN’S ECONOMIC EMPOWERMENT UPDATE

$40m Intervention Fund for Women in the Oil and Gas Sector by FG, NEXIM Women in the Oil and Gas sector have been provided with a $40m intervention fund by the Federal Government in collaboration with the Nigerian Export-Import Bank. Timipre Sylva, the Minister of State for Petroleum Resources, disclosed this news at the Nigerian […]

March 14, 2022

AfCFTA: Where are we now?

The Africa Continental Free Trade Agreement (AFCFTA), which is aimed at creating a single continental market for trade in goods and services within Africa, was established in 2018, with 54 countries signing on to the agreement with the exception of Eritrea. The AFCFTA is the largest trade agreement in the world when assessed by the […]

March 14, 2022

Russia-Ukraine Conflict: Virtue Turns Bane for Nigeria’s Economic Trajectory

Following the adverse effects of the Covid-19 pandemic on aggregate macroeconomic variables, the global economy is yet threatened by another unpredictable course due to the Russia-Ukraine conflict. Tension has taken a toll even before the invasion of Ukraine by the Russian troops. However, the heightened economic and financial sanctions imposed on Russia and the potential […]

November 2, 2021

5 Recommendations for Nigeria’s Resilient Economic Recovery and Post COVID-19 Development Financing

The onset of the COVID-19 pandemic and the resulting drop in commodity prices greatly affected Nigeria’s economy. A series of macro-economic challenges followed, including a significant rise in inflation, a waning balance of payment position due to the drop in foreign exchange inflows from the sale of crude oil and Foreign Portfolio Investment, and a […]

October 29, 2021

Role of Religion in Public Policy and National Development

Over time, the relationship between religion and public policy has been an ambiguous yet salient subject of discourse. Whether positively or negatively, religion’s influence on the political landscape cannot be exaggerated, especially in Nigeria, where religion has become increasingly imperative in shaping the choice of various’ political actors, government policies, and subsequent actions. Scholars have […]

October 29, 2021

COVID-19 Situation: Variants and Concerns

A year after the SARS-CoV-2 virus (Corona Virus) plunged the world into a pandemic, global communities are yet to recover from its devastating effects. This virus doesn’t appear to be ceasing at any rate as infections continue to increase globally, barely leaving room for health care systems to recover from its previous effects. Scientists are […]

October 28, 2021

E-Naira Nigeria’s First Digital Currency

Central Bank of Nigeria unveiled the pilot program for its digital currency, the E-Naira, an action by the apex bank to drive its efforts to improve financial inclusion, support cross border trade and reduce the influence of unregulated cryptocurrencies in the Nigerian market. The CBN’s action is in tandem with measures being taken by other […]

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