‘Naira has strengthened, Nigeria’s economy leaping out of crisis’ — Rewane (Daily Post)

17 Jul 2025 02:41 pm
News

According to renowned economist Bismarck Rewane the Nigerian economy has shown signs of improvement as the naira has strengthened against the US dollar. This positive development is seen as a result of various economic policies implemented by the government leading to a decrease in inflation and an increase in foreign reserves. The nairas strengthening is also seen as a sign of the countrys resilience and ability to overcome economic challenges such as the recent recession and the impact of the COVID-19 pandemic. However Rewane warns that sustained efforts are needed to ensure the continued growth and stability of the Nigerian economy.

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Link to Original Story: https://dailypost.ng/2025/07/17/naira-has-strengthened-nigerias-economy-leaping-out-of-crisis-rewane/

Discussion Points:

Responses
  • 1) Rewane says the naira’s up and the economy’s improving, Is that true, or does it feel different from daily reality?
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  • 2) The naira may be up, but commodities prices are still high, is this progress really reaching everyday Nigerians?
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  • 3) If youth joblessness and small businesses are still struggling, Can we really call this a recovery?
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  • 4) Rewane sounds hopeful, But is the recovery from good policies or just market fluctuations?
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  • 5) If the economy’s improving, What change do you want first; cheaper food, more jobs, or something else?
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