We have observed the raft of policies’ issuance by the Central Bank of Nigeria (CBN) in its bid to facilitate harmony and stability in the nation foreign exchange market. One of the policies addresses the Net Open Positions of Nigeria Deposit Banks.
In summary, other data have shown that most of the states in the federation are ill managed, reflective of the fact that substantial FAAC allocations received by these states have
The earlier Nigeria begins to exploit OPL 245, the better in view of the country’s commitment to Net zero emissions based on a 2050 Global Energy Transition Plan timeline.
The Independent Media and Policy Initiative (IMPI) has said that the subnational are shirking
their constitutional responsibility by expecting the federal government to solely carry the burden
of easing the current economic situation…
The Independent Media and Policy Initiative (IMPI) has said that there are verifiable data to show that Nigeria has a robust investment climate under the President Bola Tinubu administration contrary to the narrative of an economy shorn of investor confidence. In a policy statement signed by its Chairman Niyi Akinsiju, the policy think tank noted…
Policy Statement 08 To understand the nation’s current economic milieu, we have to go back to June 15, 2016. Nigeria’s central bank, on that day, announced it would abandon its currency’s dollar peg in preference for a free float of the Naira in an effort to alleviate the chronic foreign currency shortages choking growth in Africa’s…
The Independent Media and Policy Initiative (IMPI) has said that no rational investor can afford to ignore Nigeria with the economic reforms introduced by President Bola Tinubu. In a policy statement signed by its Chairman Niyi Akinsiju in the aftermath of the President’s visit to Qatar, the think tank noted that reforms will sooner than…
The Independent Media and Policy Initiative IMPI is convinced that Nigeria will witness economic growth in 2024, on the basis of the GDP figure of the last quarter of 2023 It said in a statement signed by its Chairman Niyi Akinsiju that it expects the growth to be driven by the non oil sector and…
Policy Statement 07 The latest Gross Domestic Product (GDP) numbers from the National Bureau of Statistics (NBS) have shown in many ways that the Nigerian economy is not only fast adjusting but also adapting to the national economic reforms being spearheaded by the President Bola Ahmed Tinubu administration. The reformation is headlined by the twin…
Policy Statement 01 We have observed the raft of policies’ issuance by the Central Bank of Nigeria (CBN) in its bid to facilitate harmony and stability in the nation’s foreign exchange market. One of the policies addresses the Net Open Positions of Nigeria’s Deposit Banks. The policy relates directly to concerns over the quantum of…