Nigeria Targets $200 Billion of Inflows With New Forex Plan

  • Central bank to offer better rates to exporters, governor says
  • Nigerian producers to get 10-year loans at 5% interest
Godwin EmefielePhotographer: Chris J. Ratcliffe/Bloomberg
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Nigeria’s central bank has a new plan to lure $200 billion of inflows to Africa’s biggest economy: make it attractive for exporters to bring home foreign currency.