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CBN may need to sterilise FX inflows from increased oil prices to curtail inflation – IMF Technology

CBN may need to sterilise FX inflows from increased oil prices to curtail inflation – IMF

Published: Jun 10, 2026 | Author: Omotoyosi Idowu | Source: Premium Times

IMF issued the advisory in its latest Article IV consultation report on Nigeria, noting that while rising crude oil prices could boost foreign exchange inflows into the country, it is capable of driving inflation higher.

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