Edun, who is one of Tinubu's closest advisers and a member of his economic team that helped prepare his election manifesto, had long been tipped to become finance minister in Africa's biggest economy.
Tinubu has embarked on some of the boldest reforms that Nigeria has seen in years, including the scrapping of a popular but costly petrol subsidy and removal of exchange rate restrictions, which has weakened the naira to record lows.Our Standards:
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Nigeria's NNPC secures $3 billion loan to stabilize FX marketNigeria's state-oil firm NNPC said on Wednesday it has secured a $3 billion crude oil repayment loan from Cairo-based Afrexim Bank that will support the government's reforms to stabilize the exchange rate market.
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