NIGERIA: NAIRA DEVALUATION DEBATE RETURNS AS INFLATION HITS RECORD HIGH

   Thu, 18 February 2021

In a bid to control rampant inflation, the government and central bank will need to decide whether to devalue the naira currency again, while improving debt affordability as the country seeks to tap into credit markets to finance its budget. However, without accelerated economic growth neither foreign exchange reforms nor increased borrowing will result in a sustained economic recovery.

Pangea-Risk Insight is a specialist intelligence membership platform that delivers accurate, decision-ready, and commercially relevant forecasts and analysis on political, security, and economic risk in Africa and the Middle East to a wide-ranging spread of client sectors.

All country risk analysis is supported by local source intelligence and driven by proprietary risk methodology presented on a cost-effective, centralised, and user-friendly platform.