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

Photo by Omotayo Tajudeen © Unsplash /Nigeria
Nigeria inflation drops to 14.45% in November as food prices ease
Read More »
African woman with basket on her head. Photo by Ariel Nathan Ada Mbita @ Unsplash
Fitch lifts Ivory Coast rating to BB, assigns a stable outlook
Read More »
Giant solar panel. Photo by Biel Morro @ Unsplash
Major boost for Mauritania's $40bn AMAN green hydrogen project
Read More »

Recent Politics

Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin court backs constitutional overhaul, extending terms after coup scare
Read More »
African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
Read More »

Latest Posts

Latest news insights