The Central Bank of Nigeria (CBN) has warned that rising election-related spending and potential oil price shocks could pose upside risks to Nigeria’s inflation outlook.
Nigeria’s gross external reserves have climbed to $50.45 billion, making the highest level in 13 years, the Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso, has said.
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has explained the rationale behind the $706.84 million foreign capital inflow into Nigeria.