Nigeria Must Raise $60bn in Reserves to Control Inflation
Proshare’s latest report shows that Nigeria’s foreign reserves must reach $60 billion to control inflation and meet the Central Bank of Nigeria’s (CBN) target of 21%. The “Economic Outlook Report 2025: Unlocking Nigeria’s Economic Prosperity” warns that inflation will remain high, particularly in the first two quarters of 2025, unless reserves grow significantly. The report … Read more