Good News For Naira as Dollar Inflows Hit $57 Billion Monthly Amid Reserve Increase

Good News For Naira as Dollar Inflows Hit $57 Billion Monthly Amid Reserve Increase

Good News For Naira as Dollar Inflows Hit $57 Billion Monthly Amid Reserve Increase …C0NTINUE READING HERE >>>

The Central Bank of Nigeria (CBN) has reported a surge in foreign exchange inflow into the Nigerian economyThe bank disclosed that Nigeria witnessed an FX inflow of $57 billion in August this yearThe bank said diaspora remittances surged to a new high of $3.5 billion, exceeding the total of $3.2 billion recorded in 2023

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

The Central Bank of Nigeria (CBN) has disclosed that foreign exchange inflows into Nigeria hit $57 billion in August 2024.

Muhammad Abdullahi, CBN’s…

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