Nigeria’s central bank eyes $12bn non-oil export earnings amid FX crunch
By The Central Bank of Nigeria (CBN) is planning to grow the non-oil export earnings six times to ensure it provides sufficient foreign exchange for the economy. The bank has pledged to increase such earnings from about $2 billion to $12 billion annually to fund FX-starved Africa’s biggest economy. Ozoemena Nnaji, director, Trade and Exchange Department,…
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