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Nigeria’s Forex Challenge Is Not Because of Domiciliary Accounts
Nigeria's current FX crisis is not because of dorm accounts. Anyone who thinks so is not looking at data. If we assume that Nigerians...
Domiciliary Accounts And Why Nigeria Cannot Easily Convert Your USD to Naira
Three friends visit a bank with each having $1,000 in USD dollars. They deposit the funds in their respective USD domiciliary accounts in Nigeria....
How AI Threatens and Empowers Our Jobs
Throughout history, humanity has witnessed the relentless march of technological progress, from the rudimentary tools of the Stone Age to the sophisticated algorithms of...
The Near Impossibility of Nigeria’s Central Bank Converting USD to Naira in Dorm Accounts
The big rumour: “There are strong indications that the Federal Government is mulling a policy that will result in the conversion of foreign currencies...
Beyond Reflective Electricity Tariffs, Nigeria MUST Still Subsidize Electricity for Industrial Customers
Question: “Nigeria’s Minister of Power, Adebayo Adelabu, has expressed concerns over the poor electricity supply situation in the country caused by a plethora of...