Nigeria’s Foreign Reserves Surge to $40.08bn, Marking a Two-Year High

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Nigeria’s foreign reserves surged to $40.08 billion on November 7, 2024, marking their highest level in almost two years, as reported by the Central Bank of Nigeria (CBN). This increase reflects a $1.7 billion growth since the end of September, when reserves were at $38.3 billion. The rise is attributed to CBN’s policies encouraging foreign […]

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