Hot Money or First Stage of Recovering Confidence? By Tanimu Yakubu

…a response to an unsigned commentary on Nigeria’s capital inflows By Tanimu Yakubu The unsigned commentary under review presents itself as a forensic examination of Nigeria’s recent capital-importation figures. Its central thesis is that because a substantial proportion of recent inflows entered Treasury bills and other money-market instruments rather than factories and industrial enterprises, the inflows should […]
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