The redesign policy for Nigeria’s currency, the naira, resulted in a cash shortage and economic difficulties for Nigerians who rely on cash. However, implementation is still possible if policymakers consider several recommendations.
The redesign policy for Nigeria’s currency, the naira, resulted in a cash shortage and economic difficulties for Nigerians who rely on cash. However, implementation is still possible if policymakers consider several recommendations.
Despite their hard-hitting rhetoric, Nigeria’s political leaders have done little to rein in local government corruption and the governance failures it causes.
Nigeria’s major development challenge is not the ‘oil curse’, but of achieving economic diversification beyond its dependence on oil revenues, and politics plays an important role in the policy choices that have created and exacerbated this challenge.
The Central Bank of Nigeria has lately made significant progress in enhancing cybersecurity for the country's financial sector—but increased awareness, capacity development, and collaboration are still necessary to ensure cybersecurity resilience.
Russia’s Sputnik V vaccine has been slow to land in Nigeria. To explain why Russia’s vaccine diplomacy fell short, these domestic factors in Nigeria need to be taken into account.
Nigeria’s top powerbrokers have cultivated a new generation of pro-government NGOs. These groups masquerade as authentic civil society groups, singing the praises of top officials and attacking their critics.
Nigeria’s government is doubling down on its decision to ban Twitter indefinitely, with regulators Monday ordering broadcasters to stop using Twitter even to gather news, and the foreign minister summoning Western ambassadors whose countries criticized the ban.