Quote from Ndubuisi Ekekwe on September 5, 2023, 10:11 PM

Partial good news for Nigeria: "Crude oil prices on Tuesday jumped to $90 per barrel, sustaining the gain that saw the price reach $88 last week." It is partial since with the removal of fuel subsidies, we will expect higher petrol prices. But as that happens, expect Naira to get support to compete in the forex universe. Yes, depending on what the government does, Naira should gain since the external reserve will see more credit alerts.