August 4, 2025

FX instability

General

Experts Dismiss Nigeria’s So-Called Export Boom as Illusion, Cite Weak Institutions and FX Instability as Major Obstacles

Economic analysts have cast serious doubt on the widely circulated narrative of Nigeria experiencing an export boom, describing the claims as nothing more than a mirage. According to a growing number of financial experts and policy observers, the supposed surge in export performance is being grossly overstated, especially in the face of persistent institutional weaknesses

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