Nigeria may request a dollar loan from the IMF since the naira is under pressure.
The naira is currently under pressure, according to the International Monetary Fund, and Nigeria is free to request a loan from the Fund to stabilise the currency if it thinks doing so is a wise move. However, the Washington-based lender acknowledged that other actions made by the Nigerian government, including recent exchange reforms, were appropriate.
The naira is currently under pressure, according to the International Monetary Fund, and Nigeria is free to request a loan from the Fund to stabilise the currency if it thinks doing so is a wise move.
However, the Washington-based lender acknowledged that other actions made by the Nigerian government, including recent exchange reforms, were appropriate.
SOURCE:PUNCH
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