Nigeria’s Investment Outlook: Risks and Opportunities (2019)

Nigeria plans to shut down the bank accounts of companies found smuggling goods listed under its foreign exchange (FX) restriction policy, signaling tighter enforcement of currency controls. The move comes as authorities seek to protect FX reserves, manage capital flows and stabilize the naira. Tilewa Adebajo, CEO of CFG Advisory, and Kayode Akindele, Partner at TIA Capital, join ‪@CNBC‬ Africa to assess the impact of stricter FX enforcement on Nigeria’s investment environment, foreign investor confidence and broader macroeconomic stability. The discussion also examines Nigeria’s May inflation figures and what rising or moderating price pressures mean for monetary policy and economic growth. June 17 2019