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READ MOREThe foreign exchange (FX) market is critical in determining a country’s economic outlook in the global economy. The Nigerian FX market has been volatile in recent months, with the Naira oscillating versus significant currencies such as the USD and EUR. Several variables contribute to this, including global oil price volatility, investor confidence, FX demand, and […]
In Nigerian demographics, women and girls constitute a formidable force, comprising over 49% of the total population of over 200 million, as reported by the World Bank. Women remain significantly underrepresented in the political sphere. This stark disparity between their demographic strength and their presence in government underscores a crucial challenge for Nigerian society. A […]
In the quest for economic stability, few challenges loom larger than inflation. The phenomenon, when left unchecked, erodes purchasing power, disrupts investment climates, and hampers the ability of individuals and businesses alike to plan for the future. For Nigeria, a nation endowed with abundant potential, managing inflation has become a critical endeavor. In the wake […]
The informal economy in Nigeria has long been a critical component of the nation’s economic landscape, playing a multifaceted role in driving employment, income generation, and economic resilience. In recent times, as Nigeria grapples with significant economic changes, including subsidy removal and a floating forex regime, the informal sector’s importance has become even more […]
ACIOE’s Senior Program Officer for Gender and Climate Change recently attended and supported the Women in Leadership Dialogue session @BMGF NCO where discussions were held around challenges women encounter assuming leadership roles at the organizational and societal levels. The dialogue, aimed to accelerate full and effective participation for women in leadership and all levels of […]
2023 is likely to emerge as a critical year that will shape Nigeria’s growth trajectory and its ability to deal with some of the external and internal headwinds that have constrained growth over the past 8 years. Heightened macroeconomic challenges, upcoming general elections, the first population census in almost two decades, and security concerns at […]
During the presentation of the 2023 Appropriation Act, the Minister for Finance, Budget and National Planning, Mrs Zainab Ahmed, reiterated, amongst other things, that the petrol subsidy would be removed by mid-2023. In this article, we analyze the subsidy regimes in Nigeria comparatively with other African countries and provide insights on what a post-subsidy economy […]
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 […]
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 […]
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, […]
