The law prohibiting abuse of the naira violates Nigerian cultural and traditional practices.
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Factors pushing inflation rates downwards in other parts of the world are achieving the exact opposite result in Nigeria.
To encourage the widespread use of eNaira, Nigeria will have to fix its infrastructure, train financial services staff and ensure data privacy for users.
More Nigerians are using mobile money but it is fraught with inherent dangers that must be tackled.
Nigeria’s new foreign exchange policy promises to discourage rent-seeking, attract foreign investment, boost exports and prevent the dollarisation of the economy but consistency is key to success.
Nigeria’s Central Bank didn’t have an adoption strategy for its digital currency. It was a missed opportunity.
For a country that aspires to reduce bureaucracy and liberalise its financial sector, currency redesign and cash withdrawal limits can only be counter-intuitive.
Regardless of how the elections are conducted on the new dates announced, losing parties will blame the postponement for their defeat.
Evidence suggests a strong relationship between sustainability and the global competitiveness of a country. Nigerian businesses need to embrace it in order to thrive.
Kontributor teratas
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Professor of Economics & Business, Allegheny College
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Reader (Associate Professor) in Law, University of East London
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Professor of Business and Sustainable Development, The University of Edinburgh
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Senior lecturer in Politics and International Relations, Leeds Beckett University
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Associate Professor in Marketing, Keele University
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Associate professor, University of Lagos
