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USD/NGN Forecast | Will USD/NGN Go Up or Down?

Analyst say Nigeria s fiscal outlook bad, see oil price rise spike spending on fuel subsidy – Naija247news

by Anthony Osae-Brown Analyst say Nigeria's fiscal outlook not good “If oil prices rise further on geopolitical risk, then Nigeria’s spending on the subsidy will also rise Nigeria’s oil industry woes are starting to capture the attention of bond investors. The cost of insuring the nation’s dollar bonds against default jumped to the highest since…

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