Alongside the global economy’s bumpy ride throughout the pandemic, Nigeria recently emerged from a recession with 0.11 percent GDP growth recorded in Q4 2020. In his foreword to the January 2021 Global Economic Prospects, World Bank group president David Malpass said: “Making the right investments now is vital both to support the recovery when it is urgently needed and foster resilience. Our response to the pandemic crisis today will shape our common future for years to come. We should seize the opportunity to lay the foundations for a durable, equitable, and sustainable global economy.” To get the economy back on track, the Central Bank of Nigeria continues to make efforts to meet its targets of price stability, reduced unemployment and a stable exchange rate. It has rolled out various policies to this end. Returning the country to a January-to-December budget cycle with the 2020 appropriation bill, a new finance act and amending the deep offshore and inland basin production sharing contract help to improve Nigeria’s business environment, all while contributing to a better performance in the World Bank’s Doing Business 2020 ranking.