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Analysis-Baba Go-fast? Nigeria's Tinubu stuns wary investors with quick reforms

By Rachel Savage and Libby George JOHANNESBURG/LONDON (Reuters) -Nigeria's new president, in office for less than a month, is pushing to put Africa's largest economy on a reform track that investors have eyed for decades, fuelling excitement that money could flow to a nation that many had deemed uninvestible. President Bola Tinubu's bold actions, including removing restrictions on the naira
South Africa Abuja Federal Capital Territory City Of United Kingdom Tunde Ajileye Olawale Edun
Source: msn.com

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IMF Blasts Pakistan Budget, Signaling Bailout May Not Happen

(Bloomberg) -- The International Monetary Fund criticized the Pakistan government’s budget as insufficient to meet the goals of its bailout program, a sign that a deadline this month to unlock aid will not be met. Most Read from BloombergBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysNYC’s Rent Surge Defied by New Grads Pursuing a TikTok LifestyleElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonTrump Urges Prosecutors to Drop Case, Offers Defense ...
United States Esther Perez Ruiz William Blair Patrick Curran Bloomberg Businessweek Uzair Younus
Source: yahoo.com

Baba Go-fast? Nigeria's Tinubu stuns wary investors with quick Tinubunomics reforms

Nigeria's new president, in office for less than a month, is pushing to put Africa's largest economy on a reform track that investors have eyed for decades, fuelling excitement that money could flow to a nation that many had deemed uninvestible. President Bola Tinubu's bold actions, including removing restrictions on the naira currency that allowed |
John Mumo Tunde Ajileye Andrew Matheny Godwin Emefiele Muhammadu Buhari Joe Delvaux

When – not if – Emefiele leaves the bank | Article Preview

The central bank governors days appear to be numbered as President Tinubu changes economic tack – and lines up a handy scapegoat, Making clear his position on Central Bank of Nigeria Governor Godwin Emefieles future, President Bola Tinubu announced the bank needed house-cleaning in his inaugural speech on 29 May. On paper, Emefieles second term as governor has another year to run but close allies of Tinubu have told us that he is likely to go very quickly to reinforce the planned shift in fore...
United Kingdom Bola Tinubu Godwin Emefiele United Kingdom European Union Africa Confidential Central Bank

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