In this episode of Drinks & Mics, your favorite duo, Tunji Andrews and Arnold Dublin-Green, return to the bar—but they’re not alone. They’re joined by two big names in Nigeria’s financial world: Zeal Akaraiwe, CEO of Graeme Blaque Advisory, and Victor Aluyi, a seasoned Investment Manager, for a no-holds-barred conversation about the current economic climate.
Right from the start, the discussion is electric. The group dives straight into the Central Bank of Nigeria’s recent interventions in the foreign exchange (FX) market. Are these bold moves really working, or are they just short-term fixes? They also unpack the ongoing role of foreign portfolio investors—are they stabilizing the economy or making it more vulnerable?
One of the hottest topics is the recent CBEX crash. The panel breaks down how it happened, what it means for the Nigerian economy, and why it might scare both local and international investors. They also touch on JP Morgan’s latest assessment of Nigeria, Fitch’s credit rating update, and the implications of the ECOWAS tariff standoff on trade and economic growth.
Inflation figures from March also make it into the mix, sparking a lively debate on the impact of rising prices on everyday Nigerians. The crew also explores how ongoing manufacturing rivalries between the U.S. and China could reshape Nigeria’s own industrial ambitions.
To round things off, they end with a fan-favorite segment: Buy, Sell, or Hold—offering their takes on where smart money should be heading in today’s volatile market.
If you’re an investor, economist, or just curious about Nigeria’s financial future, this episode delivers insight, analysis, and sharp commentary.