Insider Insights

CBN Scam: Mopping up Naira

August 22, 2017 admin 0

The size of the Central Bank of Nigeria (CBN) Scam to artificially support the Naira exchange rate is now clear. The CBN has spent N2.9trillion, USD8bn, on open market operations (OMO) in the last seven […]

Economy Insider

Government Deficit: What Recovery?

July 21, 2017 admin 0

The Federal Government currently cannot meet interest payments and wages from the amount of money it earns. This puts the “recovery” we are supposed to be experiencing in significant danger. The Federal Government and the […]

Forex Insider

CBN dumps another $195m into the Forex market

July 4, 2017 admin 0

How much longer can the Central Bank of Nigeria (CBN) pump dollars into the Forex market for negligible results  before the impact on foreign reserves becomes too negative to continue? This is the key question […]