Nigeria, May 233, 2018//-Analysts have taken different positions on the retention of the Monetary Policy Rate (MPR) at 14% by the Central Bank of Nigeria (CBN).
Tag: Central Bank of Nigeria (CBN)
Nigeria’s Foreign Reserves Decrease as the Naira Continues to Appreciate
Since the global oil price crash in 2014, Nigeria has been one of the hardest-hit economies due to its over-dependence on oil as its main source of revenue.
‘Nigeria May Be Losing $24.17 Billion Monthly To Falling Oil Prices’
NIGERIA may lose an about $24.17 billion (N4 trillion) within the next one year if crude oil prices fail to rebound.