How not to remove fuel subsidies …. The vicious cycle of foreign exchange liberalization on fuel prices
Since the President announced the removal of fuel subsidies on May 29th, 2023, it has been difficult to estimate the accurate subsidies been paid by the government. The government is only not transparent, it is also not clear what volume of petroleum products is imported into the country and how...
The Central Bank of Nigeria (CBN) business survey for July 2024, released last week, has thrown up optimism for increased business confidence in the economy as the Naira is expected to stabilize over a six-month period. Outlook for August, October, and January 2025 shows indices of 7.6, 19.3, and 30.7,
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ThinkBusiness Africa
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Nigeria must grow its foreign reserves. – Ogho Okiti