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Here are 3 ways Nigeria can shore up FX reserves

…N4.5trn OMO bills to be redeemed Q1 …Coronation says FDI important to address GDP growth  

Nigeria is seen to have a good chance of raising enough money to shore up its reserves in 2020, sufficient to prevent a devaluation of the currency this year, according to Coronation Merchant Bank Limited. Guy Czartoryski, head of research, Coronation Asset Management, said with proceeds from the Nigerian National Petroleum Corporation offshore, the proposed Eurobond…

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