Nigeria central bank will struggle to defend the naira
The Central Bank of Nigeria recently introduced a new foreign exchange allocation scheme to promote import substitution
You must be signed in to read this analysis
In this article
- Pressure on the naira
- Defending the currency
- CBN as policymaker
- Outlook
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.
