Nigeria’s financial system is changing. It faces a major regulatory reset across banking, capital markets, fintech, FX intermediation, and cash usage. The trend is clear: higher capital, tighter compliance, clearer rules, and more market-based pricing, especially in foreign exchange. Officially, the goal is stability. In reality, it is during the adjustment phase that risk is…
Read more
Africa’s economic outlook is often summed up by a single number: growth rate. Forecasts for 2026 are in the low-to-mid 4 percent range (AfDB, Nov 2025), suggesting resilience but not transformation. However, interpretations of Africa’s present condition and future trajectory differ greatly depending on the economic lens applied. Economic schools of thought shape how policymakers…
Read more
When central banks lower policy rates or governments deploy countercyclical fiscal stimulus, the standard transmission narrative is well known: the cost of capital declines, intertemporal substitution favors present consumption, risk appetite increases, private investment accelerates, and aggregate demand recovers. Monetary easing should relax financial conditions and spur balance-sheet expansion. Fiscal transfers and spending should smooth…
Read more
