The Central Bank of Nigeria warns that fuel subsidy removal, increased import costs, and higher debt obligations could threaten external reserve growth by 2024-2025
The Central Bank of Nigeria warns that fuel subsidy removal, increased import costs, and higher debt obligations could threaten external reserve growth by 2024-2025
Nigeria’s parliament urges a global tax on billionaires and multinational corporations to help African countries recover from climate change, with recent flooding in Borno and Zamfara highlighting the need for action.
The Central Bank of Nigeria is considering legislation to strengthen forex market operations, aiming to stabilize the naira and boost investor confidence.