EBS in Africa

Economic Updates

National Development Plan

The federal government of Nigeria has recently approved a 5 year National Development Plan (NDP) to cover the period from 2021 to 2025. The development plan is set on six pillars – economic growth and development, infrastructure, public administration, human capital development, social development and regional development. Nigeria’s Minister of Finance Zainab Ahmed has said […]

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The problem with the Naira by Prof. Magnus Kpakol continued.

The problem with the Naira is complex and complicated for everyone, including those in the Nigerian presidency and the Central Bank of Nigeria. And it is not because they don’t understand it, but mainly because the solutions are mired in an intricate political economy. The sources of the problem with the Naira are many. Nigeria […]

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Flutterwave

Providing the fastest, most seamless payments solutions to suit your business needs, anywhere in the world. For more on this company check www.flutterwave.com

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eNaira

A Central bank Digital currency (CBDC) is an electronic form of central bank money that citizens can use to make digital payments and store value. It is a virtual form of the country’s fiat currency. As Michael Bordo, professor of economics at Rutgers University has said, monetary transformations through history have been driven by changing […]

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