CBN spots odds against government’s multi-trillion naira economic interventions

International Money Transfer Operators

The Central Bank of Nigeria (CBN) has highlighted factors capable of tempering the expected impact of efforts put in place by the federal government to revive the economy after the disruption caused by Coronavirus pandemic and other global headwinds. The apex bank stated this in its Monetary, credit, foreign trade and exchange policy guidelines for fiscal years 2020/2021’ just released. Although the CBN stated that various measures so far advanced by the government to save the economy are commendable, there are headwinds that may undermine these expectations. According to the…

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