Nigeria is expecting $10 billion worth of foreign exchange in the relatively near future, the Minister of Finance and coordinating minister of the economy, Wale Edun, has said.
Mr Edun disclosed this while speaking during a panel session at the ongoing Nigeria Economic Summit (NES) in Abuja on Monday.
Over the past four months, the naira has depreciated by over 50 per cent at both the authorised and unauthorised market segments, after the Central Bank of Nigeria (CBN) announced in June that it had collapsed all forex windows into the Investors and Exporters (I&E) window.
