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Cash crunch tests Tinubu's top finance team | Article Preview

The government is hunting for foreign exchange to stabilise the naira and speed up growth after its reform shocks, The nomination of Olayemi Michael Cardoso, a former chairman of Citibank, as governor of the Central Bank of Nigeria (CBN) opens the next chapter of President Bola Ahmed Tinubu s economic reforms. His priorities are to push down inflation, at over 25% last month, and to stabilise the fast-depreciating naira by drawing in forex inflows and boosting exports. Key will be pushing oil production to Nigeria s OPEC quota of 1.7 million barrels a day from last month s average output of 1.2 m b/d. That s Tinubu s task as oil minister.
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Inflation Data Look Set to Keep Pound's Prospects Bright

Inflation Data Look Set to Keep Pound's Prospects Bright
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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FTSE Edges Down; Sentiment Hit by Weak China Data, Higher UK Inflation

FTSE Edges Down; Sentiment Hit by Weak China Data, Higher UK Inflation
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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