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Nigeria: I Won't Devalue Naira, Says Buhari
Vanguard, 16 September 2015
President Muhammadu Buhari said, Wednesday, in Paris, France, that he opposed a further weakening of the naira and openly endorsed the Central Bank of Nigeria, CBN's policy of… Read more »
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Nigeria: IMF Proposes Naira Devaluation
CAJ News, 5 March 2015
The Executive Board of the International Monetary Fund (IMF) has called for the implementation of reforms, including the devaluation of the Nigerian Naira in order to shield the… Read more »
IMF Wants Nigeria to Devalue Naira
The Executive Board of the International Monetary Fund has called for the implementation of reforms, including the devaluation of the Naira, to shield the country from market risks and political insecurity.
InFocus
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The global drop in crude oil prices has continued to affect Nigeria, as the country recorded a major loss in revenue from oil exports in November and December, 2014. Read more »
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Since the fall in the oil price, the devaluation of the Naira and the austerity measures introduced to boost the economy, there are growing concerns on the effectiveness of ... Read more »
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Ngozi Okonjo-Iweala, the Minister of Finance, has assured the country that the economy is growing positively despite the reduction of the oil price in international markets. Read more »
