Nigeria’s FX Reserves Hit $40 Billion as Naira Tumbles in Official, Black Markets

Nigeria’s FX Reserves Hit $40 Billion as Naira Tumbles in Official, Black Markets …C0NTINUE READING HERE >>>

The governor of the Central Bank of Nigeria (CBN) said that the Nigerian foreign reserves have hit a 33-month high of $40 billionThe CBN governor said that the reforms embarked on by the bank were responsible for the substantial rise in the reservesPunch reports that Cardoso said that there are indications that inflation is also on a downward trend due to the reforms

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