Tinubu seeks $10bn to stabilise exchange rate as Naira slumps

President Bola Tinubu on Tuesday made public the plan of his government to raise $10bn to improve liquidity in the foreign exchange market.

This is as the Naira fell to an all-time low of 1,850 per dollar at the parallel market.
The President, who was represented by Vice President Kashim Shettima, made the disclosure at the inaugural Public Wealth Management Conference in Abuja.

The Ministry of Finance Incorporated organised the event with the theme “Championing Nigeria’s Economic Prosperity.”

RipplesNigeria : Read More