RELAXNOMIKS – DECEMBER 22, 2023 ( Re: A Christmas to Remember & a Year to Forget)

Dear Subscriber,

Christmas has a unique way of ushering in joy. With 2023 one for history books, characterized by a cocktail of mixed emotions, geopolitical tension and macroeconomic conundrums, this festive period is much anticipated and should be a welcome relief.

Amidst the echoes of the challenging year, Nigeria faced trials severe. Fields, once vibrant, faced nature’s gloom, as food scarcity loomed. Naira’s scarcity has returned, a familiar fright. Meanwhile, the use of digital channels surged, in the cashless night. Withdrawal costs have soared, a financial fight, and in the broader economy, inflation took flight.

But ‘neath the Christmas tree, a promise gleams. A brighter future in the starry beams. As we unwrap the gift of New Year’s dreams, inflation declines, exchange rate redeems. Nigeria’s credit outlook, once stable and sound, has now risen to positive, on firmer ground. Moody’s Investors Service, their verdict renowned, applauds efforts to shore up reserves with strength unbound.

In the chapters of trials, a story unfolds. Hope is not a strategy, yet strength it holds. With Moody’s gaze and resilience in molds, Nigeria’s future (2024), is a better tale to be told.

And what better way to kickstart this hope and joy for a better future (2024) than with the captivating Christmas Relaxnomiks publication?

This edition brings cardigans back into Nigerian fashion alongside rib-cracking Christmas jokes guaranteed to add an extra dose of cheer to your festivities.

With only three days left until the big day, we want to take a moment to wish you and your loved ones a Merry Christmas and a Happy New Year!

Enjoy your read!