Hon Collins Ugorji

Senior Legislative Aide to the Speaker, House of Reps | LBS: PE, M&A & Family Office | Ex-Group CEO, Colorado Group | Public Policy Strategist

[Hon Collins Ugorji @UgorjiCollinsC]

5/ My take (personal view, not official): a genuinely encouraging liquidity signal from CBN — but one strong week isn't a settled trend yet. Worth watching, not celebrating too early. #Nigeria #Naira #CBN #NigeriaEconomy

[Hon Collins Ugorji @UgorjiCollinsC]

1/ The naira just hit a 5-month high. Dollar reportedly trading around ₦1,343–₦1,347 this week. Here's the mechanism behind that move — in plain English.

[Hon Collins Ugorji @UgorjiCollinsC]

4/ Think of a local market: more sellers bringing the same produce pushes the price down, even if nothing else changed. Currency markets work similarly, just bigger and policy-driven.

[Hon Collins Ugorji @UgorjiCollinsC]

3/ More dollars available to banks/BDCs relative to demand = the price of a dollar (in naira) falls. That's what "naira appreciation" means in practice.

[Hon Collins Ugorji @UgorjiCollinsC]

2/ Exchange rates move on supply vs demand, like any market. CBN boosted forex liquidity — released more dollars into the market via auctions/interventions.

[Hon Collins Ugorji @UgorjiCollinsC]

Is reserve growth like this durable into year-end, or partly seasonal? Genuinely curious what others are seeing. #Naira #CBN #NairaWatch #FX

[Hon Collins Ugorji @UgorjiCollinsC]

The naira just hit a 5-month high. Most coverage will stop at the number. The real story is a quiet policy tweak that made it happen. 🧵

[Hon Collins Ugorji @UgorjiCollinsC]

Personal take, not an official position: this is a good example of technical policy design doing real work quietly, rather than a headline rate move. Worth understanding the "why," not just the "what."

[Hon Collins Ugorji @UgorjiCollinsC]

Worth adding, in fairness: credit where due — CBN's sustained tightening is a real driver behind this disinflation trend, and that's a genuine policy win even as food prices need continued attention. Personal opinion, not an official one.

[Hon Collins Ugorji @UgorjiCollinsC]

Nigeria's inflation just dropped to 15.43% in July. Headlines will call that good news. My take: look closer before you celebrate. 🧵

[Hon Collins Ugorji @UgorjiCollinsC]

Which number matters more to you: the annual inflation trend, or what food costs month-to-month? #Nigeria #NairaWatch #NBS #InflationNG #Economy

[Hon Collins Ugorji @UgorjiCollinsC]

My take, not an official one: fixing the numbers was step one. Fixing confidence is the harder, unfinished step two. #Nigeria #Naira #Africa

[Hon Collins Ugorji @UgorjiCollinsC]

Naira just hit a 5-month high. Inflation is cooling. And Nigeria still just got overtaken by Zimbabwe as Africa's best-performing stock market. 🧵

[Hon Collins Ugorji @UgorjiCollinsC]

But capital isn't following the good news home — it's flowing into Zimbabwe and Zambia instead. Stability without returns doesn't move markets.