{"id":24884,"date":"2016-11-13T08:37:57","date_gmt":"2016-11-13T08:37:57","guid":{"rendered":"http:\/\/fdc.stuckcoders.com\/?p=24884"},"modified":"2017-01-17T10:36:21","modified_gmt":"2017-01-17T10:36:21","slug":"naira-volatility-undermines-economic-stability","status":"publish","type":"post","link":"https:\/\/fdcng.com\/naira-volatility-undermines-economic-stability\/","title":{"rendered":"Naira Volatility Undermines Economic Stability"},"content":{"rendered":"<p>[vc_row][vc_column][vc_column_text]The naira has oscillated like a swinging pendulum in February. After going as low as N405\/$, it has recovered to N320\/$ this week. Investors, traders and manufactures are jittery as to if and when an official currency adjustment is likely to happen. At the official window, the CBN is publishing a list of beneficiaries of IFEM, but the market remains wary.<\/p>\n<p>The inflationary impact of a weaker naira has taken its toll on the economy. We expect a sharp increase in inflation with a best case scenario of 9.8% or worst case of 10.2%.<\/p>\n<p>Read\/see attached for more details.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column]<div class=\"gem-button-container gem-button-position-inline\"><a class=\"gem-button gem-button-size-small gem-button-style-flat gem-button-text-weight-normal\" style=\"border-radius: 3px;background-color: #ddbd89;color: #ffffff;\" onmouseleave=\"this.style.backgroundColor='#ddbd89';this.style.color='#ffffff';\" onmouseenter=\"this.style.backgroundColor='#ddccaa';this.style.color='#000000';\" href=\"http:\/\/fdcng.com\/wp-content\/uploads\/2016\/11\/LBS-March-2016.pdf\" target=\"_self\">DOWNLOAD PDF<\/a><\/div> [\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The naira has oscillated like a swinging pendulum in February. After going as low as N405\/$, it has recovered to N320\/$ this week. Investors, traders and manufactures are jittery as to if and when an official currency adjustment is likely to happen.<\/p>\n","protected":false},"author":7,"featured_media":17394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"_links":{"self":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/24884"}],"collection":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/comments?post=24884"}],"version-history":[{"count":5,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/24884\/revisions"}],"predecessor-version":[{"id":25705,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/24884\/revisions\/25705"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/media\/17394"}],"wp:attachment":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/media?parent=24884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/categories?post=24884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/tags?post=24884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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