FG Plans to Raise $10bn to Stabilize Exchange Rate Amid Naira Decline

The Nigerian Federal Government is considering a plan to raise $10bn to bolster liquidity in the foreign exchange market as the naira experiences a sharp decline. On Tuesday, the naira plunged to an unprecedented low of 1,850 per dollar on the parallel market. Speaking at the inaugural Public Wealth Management Conference in Abuja, Vice President … Continue reading FG Plans to Raise $10bn to Stabilize Exchange Rate Amid Naira Decline