CBN may need to sterilise FX inflows from increased oil prices to curtail inflation – IMF
TheCentral Bank of Nigeria(CBN) may need to sterilise FX inflows into Nigeria from higher oil prices in order to rein in inflationary pressures, theInternational Monetary Fund(IMF) said Tuesday. Sterilisation, a monetary policy tool, allows the central bank to limit the impact of foreign exchange ac...
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Verified on Jun 10, 2026