Nigeria maintains position as Africa’s third largest crude oil producer for October 2022
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Nigeria has maintained its position as Africa’s third-largest crude oil producer for October 2022.
Nigeria has maintained its position as Africa’s third-largest crude oil producer for October 2022.
Nigeria’s inflation rate accelerated to a new 17-year high of 21.09% in October 2022, marking a 0.32% points increase from 20.77% recorded in September.
Nigeria will start circulating newly redesigned currencies starting December 15, 2022 as President Muhammadu Buhari says there is no going back on the policy.
Fitch Ratings has downgraded Nigeria's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'B-' from 'B'. The Outlook is Stable.