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World Bank to decide on Nigeria’s $1.5bn budget support August 6

The World Bank’s Executive Board will decide on $1.5bn budget support for Nigeria on 6 August, BusinessDay has learnt. Razia Khan, managing director, Chief Economist, Africa and Middle East Global Research, Standard Chatered Bank, disclosed this in a note seen by BusinessDay. Khan said unlocking budget support will likely require faster FX harmonisation and greater…

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