CBN reveals three dangers to Nigeria’s External Reserves …C0NTINUE READING HERE >>>
The Central Bank of Nigeria has revealed that lower crude oil earnings, fuel subsidy removal, lower import bills and increased external debt servicing obligations are potent dangers for the country’s external reserves growth by the 2024/2025 fiscal year.
The apex bank disclosed this in its Monetary, Credit, Foreign Trade and Exchange Policy guidelines for fiscal years 2024/2025.
According to CBN, lower crude oil earnings, fuel subsidy removal, lower import bills and increased external…
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