Nigeria’s International Payments Rises By 31% In 5 Months – CBN

Nigeria’s overseas payments climbed by roughly 31% between January and May 2024, despite the country’s weak foreign exchange liquidity, according to Central Bank data. The nation’s foreign payments are projected to quicken in the coming months as a result of the government’s intention to increase food imports to supplement domestic output. Some experts argued that … Continue reading Nigeria’s International Payments Rises By 31% In 5 Months – CBN