How can the government and the private sector work together to encourage inclusive growth?
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Interviews & Viewpoints | Laoye Jaiyeola, CEO, Nigerian Economic Summit Group (NESG): Interview from The Report: Nigeria 2016
Articles & Analysis | Free float regime replaces the fixed exchange rate in Nigeria from The Report: Nigeria 2016
The history of the naira as it has alternated between fixed and floating exchange rate regimes has always been closely tied to the price of oil. In June 2016 the Central Bank of Nigeria (CBN) introduced a flexible interbank exchange rate market, effectively floating the naira in a departure from recent policy. The currency’s value has since...
Interviews & Viewpoints | Tunde Fowler, Executive Chairman, Federal Inland Revenue Service (FIRS): Interview from The Report: Nigeria 2016
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As Africa’s most populous nation, and with the biggest oil and gas reserves in the region, Nigeria has long been one of the continent’s sought-after markets, but also one of its most complex and challenging. A GDP rebasing in 2014 modernised the country’s statistical measurements, expanding GDP to N94.14trn ($155.1bn at the time of printing) in 2015. As the current government approaches the...
Articles & Analysis | Economic reforms should help Indonesia maintain momentum from The Report: Indonesia 2017
Long considered South-east Asia’s economic powerhouse, Indonesia has seen growth decelerate in recent years as commodities prices fall and demand in China weakens, while currency depreciation in light of US monetary easing has impacted its manufacturing and industrial sectors, as well as small and medium-sized enterprises (SMEs).