The International Monetary Fund, IMF, has observed signs of growing stability in Nigeria’s currency, the naira, citing recent interest rate hikes and efforts by the Central Bank of Nigeria, CBN, to clear foreign exchange backlogs as factors responsible. IMF financial counsellor and director of monetary and capital markets, Tobias Adrian, disclosed this during a press [...]The post Naira showing signs of stability, says IMF appeared first on Daily Nigerian.
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