Stress-Testing Feasibility Studies for Macroeconomic Shocks Here is a question that keeps project sponsors up at night. What happens to your multi-million dollar investment if everything goes wrong at once? Inflation spikes to 15 percent. The currency drops 30 percent. A recession cuts demand by 20 percent. Interest rates rise another 300 basis points. Your feasibility study probably looks great…
The Real Impact of FX Reforms on Prices, Profits, and Purchasing Power If you have bought anything in Nigeria over the past two years, you have felt it. The price of rice. The cost of fuel. School fees. Imported electronics. Even a bag of cement. Everything went up. And up. And up. The culprit? A massive overhaul of how Nigeria…
Import Substitution in Nigeria: Which Sectors Are Finally Becoming Competitive Nigeria has a spending problem. A big one. For decades, the country has shipped billions of dollars abroad to buy what it could have made at home. Sugar from Brazil. Diesel from Europe. Furniture from China. Even basic things like toothpicks and pencils used to come from somewhere else. That…
