Nigeria's Economy To Face Tough Weeks Over Currency, Cost Pressure

Nigeria's Economy To Face Tough Weeks Over Currency, Cost Pressure

Author: Africa Business Radio March 14, 2022 Duration: 26:42
News Express
Business
Away from pandemic induced effects and the pressures from Covid-19, the lingering Russia-Ukrainian watershed, yet to exert an immediate impact on Nigeria’s economy, is likely to have significant effects in the coming weeks and months as the conflict continues to worsen global supply disruptions, pushing prices of commodities higher than expected.
Even worse, Nigeria continues to be buffeted by currency pressures on the Naira, which has fallen to around N600 to the dollar at the parallel market despite the rise in crude oil prices to above $130 per barrel.

Tune into News Express from Africa Business Radio for a clear-eyed look at the forces shaping Nigeria's economy. This isn't just headline scanning; it's a dedicated exploration of the financial sector and markets, delivered with a focus you won't find elsewhere. We go beyond the surface noise of daily news to provide context and analysis, yet avoid the narrow jargon that can make trade publications inaccessible. Each episode distills the essential conversations happening right now in boardrooms and on trading floors. You'll hear informed discussions pinpointing what matters for pivotal areas like Investment Banking, Trading, Technology, and Fund Management, while also tracking movements in Alternatives, Commodities, and major Companies. For anyone with a stake in the region's business landscape, this podcast serves as a vital briefing, connecting the dots between sectors to offer a comprehensive, nuanced picture. News Express is your source for understanding not just what is happening, but why it matters for the future of African commerce.
Author: Language: English Episodes: 100

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