Market News

After nearly a decade of policy inertia, Nigeria’s economic regime has been jolted into life. A long-delayed naira float, the elimination of the fuel subsidy, and revived oil production suggest a government finally prepared to align with market logic. 

But while the reforms are commendable, analysts warn that global shocks, weak revenue enforcement, and inflation distortions could stall the momentum. 

Naira stability could be a mirage The most transformative of the reforms has been Nigeria’s foreign exchange liberalisatiAfter nearly a decade of policy inertia, Nigeria’s economic regime has been jolted into life.

A long-delayed naira float, the elimination of the fuel subsidy, and revived oil production suggest a government finally prepared to align with market logic. 

But while the reforms are commendable, analysts warn that global shocks, weak revenue enforcement, and inflation distortions could stall the momentum. 

Naira stability could be a mirage The most transformative of the reforms has been Nigeria’s foreign exchange liberalisati