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

A farmer on the field in Lunda Norte Province, Angola. Photo by Yolande Conradie @ Unsplash
Angola rate cut signals easing inflation, steadier outlook for oil producer
Read More »
A shopper at a supermarket. Photo @ Unsplash
Nigeria inflation rises to 15.15% ending eight-month decline
Read More »
Wind turbines. Photo by Thorsten Dahl @ Pixabay
Ethiopia nears financial close on $620mn Aysha 1 Wind Power Project
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »

Latest Posts

Latest news insights