Search

Nigeria Rebuilding Investor Confidence After FX Crisis

Allen dreyfus Logo
© Allen Dreyfus
  • Nigeria engages global investors to restore confidence after 2020 dollar squeeze
  • Market-friendly reforms, including currency liberalisation, attract renewed interest

Lagos, Nigeria – Nigeria is rapidly reversing the investor confidence erosion triggered by a severe dollar squeeze in 2020, when a pandemic-induced oil crash slashed oil revenue—responsible for nearly 80% of the country’s foreign exchange earnings—making it difficult for investors to repatriate funds.

Recent Business

Abiy Ahmed and Vladimir Putin witness the signing of the deal. Image courtesy @ Office of the Prime Minister of Ethiopia.
Ethiopia signs key trade deals as WTO accession bid gathers momentum
Read More »
North west Namibia. Photo by Vicky Sim @ Unsplash
Namibia confronts reality as 58% rely on informal work
Read More »
Ivory Coast supporters of a political party on the street. Photo by Yanick Folly @ Unsplash
Senegal’s hidden-debt crisis and Côte d’Ivoire’s $844mn IMF windfall: reform or risk?
Read More »

Recent Politics

Fishing near the Indian Ocean. Photo by Egle Sidaraviciute @ Unsplash
Uganda’s Museveni sparks regional tensions with Indian Ocean claim
Read More »
Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Can Oburu Oginga hold Kenya’s ODM together after Raila Odinga’s death?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin extends presidential term from five to seven years
Read More »

Latest Posts

Latest news insights