Experts urge caution on new foreign loans amid exchange rate challenges

BY MOTOLANI OSENI Finance experts are advising Nigerias government to avoid taking additional foreign loans due to the current exchange rate pressures. This caution comes as the International Finance Corporation (IFC) and the Central Bank of Nigeria (CBN) recently signed a $1 billion financing agreement. According to an economist and chief executive officer, Centre for []The post Experts urge caution on new foreign loans amid exchange rate challenges appeared first on DAILY TIMES Nigeria. Nigeria News from Nigeria Newspapers
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