Monthly Archives: April 2017
IMF and the Naira Valuation: Hidden Intentions or Naive Estimation?
Last week, the International Monetary Fund (IMF) released its Article IV report on Nigeria, which essentially is the international agency’s review of key macroeconomic developments in Nigeria over 2016 and its recommendations for policy makers on how to manage the economy in the near and medium term. The report, which can be assessed here, is […]
Which way Nigeria: To float or not?
No single exchange rate regime is appropriate for all countries in all circumstances. Countries will have to weigh the costs and benefits of floating in light of both their economic and their institutional readiness.