President Bola Tinubu’s market-friendly reforms are beginning to restore investor confidence and stabilize Africa’s top oil producer after years of policy missteps, but a surge in insecurity is threatening to undermine the progress.
Since taking office in May 2023, Tinubu has scrapped costly fuel subsidies, unified the country’s multiple exchange rates, and taken steps to attract foreign capital. The reforms
President Bola Tinubu’s market-friendly reforms are beginning to restore investor confidence and stabilize Africa’s top oil producer after years of policy missteps, but a surge in insecurity is threatening to undermine the progress.
Since taking office in May 2023, Tinubu has scrapped costly fuel subsidies, unified the country’s multiple exchange rates, and taken steps to attract foreign capital. The reforms
