Nigerian Finance Minister Targets Less Borrowing
Market Intelligence Analysis
AI-PoweredNigeria's Finance Minister, Wale Edun, aims to reduce the country's reliance on borrowing by focusing on domestic resource mobilization and increasing revenue.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
Nigerian Finance Minister Wale Edun said the nation can access international bond markets if it needs to, but would prefer to rely more on its own resources. “The issue now is to focus on revenue, focus on domestic resource mobilization,” he said on Bloomberg Television at the World Economic Forum's annual meeting in Davos, Switzerland. (Source: Bloomberg)
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