External reserves

Data from the Central Bank of Nigeria (CBN) shows that Nigeria’s gross external reserves increased marginally by $64million to $39.2 billion in July 2022. The rise is the second in a row and follows a more substantial increase of…

THE Central Bank of Nigeria (CBN) has disclosed that the external reserves added 0.3 per cent or $57.42 million to $43.17billion in January despite its weekly interventions gulping huge sums of hard currency. CBN’s external reserves data…