{"id":96221,"date":"2023-09-27T10:33:21","date_gmt":"2023-09-27T09:33:21","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/stable-forex-lower-inflation-will-attract-foreign-direct-investment-to-nigeria-imf"},"modified":"2023-09-27T13:31:49","modified_gmt":"2023-09-27T12:31:49","slug":"stable-forex-lower-inflation-will-attract-foreign-direct-investment-to-nigeria-imf","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/stable-forex-lower-inflation-will-attract-foreign-direct-investment-to-nigeria-imf","title":{"rendered":"Stable forex, lower inflation will attract foreign direct investment to Nigeria \u2013 IMF"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The International Monetary Fund (IMF) says stable exchange rates and lower inflation will attract more investments into Nigeria.<\/p>\n<p>Ari Aisen, the IMF representative in Nigeria, disclosed this on Tuesday during an Interview on Arise Television.<\/p>\n<p>He reiterated support for the fuel subsidy removal and exchange rate unification, insisting that it will enhance the economic outlook of Nigeria.<\/p>\n<p>Arisen stated that if inflation decreases, exchange rates become more predictable, leading to potential investment flowing into Nigeria, like an open door of opportunities.<\/p>\n<p>He added that the country\u2019s Gross Domestic Product growth has been soft, which was expected because of the higher fuel prices and inflation.<\/p>\n<p>\u201cAfter the position that needs to be well managed to avoid potential reversal, policies of subsidizing fuel and controlling exchange rate will lead to a much better outlook for the Nigerian economy,\u201d he said.<\/p>\n<p>DAILY POST reports that Nigeria\u2019s headline inflation rate in August stood at 25.80 per cent, according to the National Bureau of Statistics.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/nigeria\">Nigeria<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The International Monetary Fund (IMF) says stable exchange rates and lower inflation will attract more investments into Nigeria. Ari Aisen, the IMF representative in Nigeria, disclosed this on Tuesday during an Interview on Arise Television. He reiterated support for the fuel subsidy removal and exchange rate unification, insisting that it will enhance [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":96220,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,420,566,254],"class_list":["post-96221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-forex","tag-imf","tag-nigeria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Stable forex, lower inflation will attract foreign direct investment to Nigeria \u2013 IMF - Nigeria<\/title>\n<meta name=\"description\" content=\"The International Monetary Fund (IMF) says stable exchange rates and lower inflation will attract more investments into ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/stable-forex-lower-inflation-will-attract-foreign-direct-investment-to-nigeria-imf\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stable forex, lower inflation will attract foreign direct investment to Nigeria \u2013 IMF\" \/>\n<meta property=\"og:description\" content=\"The International Monetary Fund (IMF) says stable exchange rates and lower inflation will attract more investments into ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/stable-forex-lower-inflation-will-attract-foreign-direct-investment-to-nigeria-imf\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-27T09:33:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-27T12:31:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/09\/sm_1695801560.485458.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/stable-forex-lower-inflation-will-attract-foreign-direct-investment-to-nigeria-imf#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/stable-forex-lower-inflation-will-attract-foreign-direct-investment-to-nigeria-imf\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Stable forex, lower inflation will attract foreign direct investment to Nigeria \u2013 IMF\",\"datePublished\":\"2023-09-27T09:33:21+00:00\",\"dateModified\":\"2023-09-27T12:31:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/stable-forex-lower-inflation-will-attract-foreign-direct-investment-to-nigeria-imf\"},\"wordCount\":185,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/stable-forex-lower-inflation-will-attract-foreign-direct-investment-to-nigeria-imf#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/09\/sm_1695801560.485458.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"FOREX\",\"IMF\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/stable-forex-lower-inflation-will-attract-foreign-direct-investment-to-nigeria-imf#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/stable-forex-lower-inflation-will-attract-foreign-direct-investment-to-nigeria-imf\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/stable-forex-lower-inflation-will-attract-foreign-direct-investment-to-nigeria-imf\",\"name\":\"Stable forex, lower inflation will attract foreign direct investment to Nigeria \u2013 IMF - 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