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Manufacturers may sack workers as naira loses 39%

The naira has depreciated by 38.9 per cent against the United States dollar at the official I&E window of the Central Bank of Nigeria in the past three months.

Abuja federal capital territoryNigeria generalUnited statesWorld bankDistrict of columbiaSegun kuti georgeGodwin emefieleEzekiel akhiromenAlex sienaertOlayemi cardosoGabriel idahosaBola tinubuFrancis meshioyeNigerian association of smallNational viceNigerian association of small scale industrialists

Nigeria needs to curb inflation, stabilize forex to boost growth, says World Bank

ABUJA -Nigeria still needs to control inflation and stabilise its foreign exchange market following currency reforms and the removal of a petrol subsidy, the World Bank said on Wednesday, to boost. -December 13, 2023 at 08:06 am EST - MarketScreener

Abuja federal capital territoryAlex richardsonOlawale cardosoElisha bala gbogboCamillus ebohGodwin emefieleAlex sienaertBola tinubuWorld bankNigerian president bola tinubuNigeria alex sienaertGovernor godwinGovernor olawale cardoso

Tinubunomics could help Nigeria save $5 1 billion this year amidst uncontrollable rising inflation, says World Bank

Nigeria could save up to 3.9 trillion naira ($5.10 billion) this year alone after reforms to its foreign exchange market and the removal of a petrol subsidy, the World Bank said on Tuesday, but warned of growing inflationary pressures in the short term. Nigerian President Bola Tinubu is embarking on the country's biggest reforms in |

Nigeria generalAbuja federal capital territoryBola tinubuAlex sienaertInternational monetary fundWorld bankPresident bola tinubuNigeria alex sienaertWale edun

Nigeria could save $5 1 billion this year from reforms, says World Bank

ABUJA (Reuters) - Nigeria could save up to 3.9 trillion naira ($5.10 billion) this year alone after reforms to its foreign exchange market and the removal of a petrol subsidy, the World Bank said on Tuesday.

Abuja federal capital territoryChijioke ohuochaElisha bala gbogboAlex sienaertMacdonald dzirutweChristina fincherBola tinubuElisha baba gbogboWorld bankInternational monetary fundNigerian president bola tinubuNigeria alex sienaert

Nigeria Could Save $5 1 bln This Year From Reforms, Says World Bank

Nigeria Could Save $5 1 bln This Year From Reforms, Says World Bank
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Abuja federal capital territoryBola tinubuAlex sienaertInternational monetary fundWorld bankPresident bola tinubuNigeria alex sienaert

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