Nigeria's Lost Year: Investors Await Clarity on Naira
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Business, Health Sciences, Social Studies, Biology
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University
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Hard
Wayground Content
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main reasons for the potential devaluation of the Naira?
Increase in foreign investments
Rising oil prices
Stable economic growth
Government's move away from currency pegging
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is primarily in charge of the economic decisions in Nigeria?
The central bank governor
The President
The finance minister
The military
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has significantly disrupted oil production in Nigeria?
Natural disasters
International sanctions
Technological failures
Militant attacks
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Nigeria's strategy to address its budget deficit?
Cut government spending
Tap into the international bond market
Reduce oil production
Increase local taxes
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is there a high demand for Nigeria's foreign currency bonds?
Stable local currency
High returns on local bonds
Low international interest rates
Massive demand for hard currency bonds
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