Boost For Naira as Nigeria FX Reserves Gain $620m in 10 Days as FG Announces Domestic Dollar Bond

Access, Others Sell Dollars at Cheap as Naira Gains in Official Market, Falls in Black Market

Boost For Naira as Nigeria FX Reserves Gain $620m in 10 Days as FG Announces Domestic Dollar Bond …C0NTINUE READING HERE >>>

Nigeria’s foreign exchange reserve has been increased by $620 million in 10 days after the Nigerian government’s domestic dollar bondCurrently, the country’s reserves stand at $36.87 billion as of September 12, 2024, from $36.24 billion on September 2, 2024Experts believe the surge in FX reserves will aid the naira’s recovery in the currency markets

Henzodaily.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

Nigeria’s…

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