‘Too Many Naira Chasing Dollars’— IMF Says Nigeria’s Fiscal, Monetary Policies Too Weak To Boost Forex Earnings

The International Monetary Fund has said that Nigeria’s fiscal and monetary policies are too weak to stimulate the value of the Naira in the foreign exchange market.

It said the country’s economic policies have been creating excess liquidity,which is making it difficult for the naira to stabilize against the dollar.

THEWHISTLER : Read More