Rates, policy and honest context - the blog behind the market terminal.
A plain guide to how the eNaira differs from mobile money and bank apps in Nigeria: who issues the money, how it is held, and where each fits.
A plain guide to how the eNaira differs from cryptocurrency: issuer, stability, regulation and control, and what each is good for in Nigeria.
A practical guide to using the eNaira wallet in Nigeria: getting a wallet, funding it, sending and receiving, and where it fits in everyday payments.
A plain guide to the eNaira: Nigeria's central bank digital currency, how the wallet works, how it differs from bank apps and crypto, and its uses.
A plain guide to sovereign credit ratings: what the Moody's, S and P and Fitch grades mean, how they affect borrowing costs, and the link to the naira.
A plain guide to the J-curve effect: why a weaker naira can worsen the trade balance before it improves it, and what that means for Nigeria.
A plain guide to seigniorage and money printing: what it is, how governments earn from issuing money, and the inflation risk for the naira.
A plain guide to real vs nominal exchange rates: the difference, why inflation matters, and what it means for the naira's competitiveness.
A plain guide to the FX carry trade: what it is, why high Nigerian interest rates attract it, and the risk of sudden reversals for the naira.
A plain guide to the terms of trade: what it measures, why oil makes Nigeria's so volatile, and how it affects the naira.
