When Nigeria floated the naira in June 2023, scrapping multiple exchange rate windows, it marked one of the boldest policy shifts since the structural adjustment programme of the mid-1980s. The immediate collapse, from N460 to over N1,500 per dollar, devastated companies with dollar debts, triggered
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Oluwatobi Ojabello
Oluwatobi Ojabello, PhD, is a dynamic and multi-dimensional Assistant Editor for Economy and Markets with over two years of professional journalism experience. He delivers authoritative, data-driven coverage of fiscal policy, financial institutions and capital markets, using clear analysis to explain Nigeria’s most complex economic developments. His work focuses on macroeconomic policy, financial stability and corporate performance, turning technical issues into accessible narratives that inform both experts and everyday readers.