The article IV of the International Monetary Fund (IMF) report on Nigeria’s economy, published on Monday said the Nigerian economy is at a critical juncture. “A weak pre-crisis economy characterized by falling per capita income, double-digit inflation, significant governance vulnerabilities and limited buffers, is grappling with multiple shocks from the COVID-19 pandemic,” the report said. … Continue reading IMF Urges Nigeria to Further Devalue Naira, Asks CBN to Stop Playing the Role of Main FX Intermediator
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