Tag: Foreign Reserves

  • Nigeria’s Net Foreign Reserves Hit Record $46bn

    Nigeria’s Net Foreign Reserves Hit Record $46bn

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    by

    Starnews NG
    in

    By Opeyemi Adelakun Nigeria’s net foreign reserves have climbed to a record $46 billion, while gross foreign reserves have reached $55 billion, according to Central Bank of Nigeria (CBN) Governor Olayemi Cardoso. Cardoso disclosed the figures at the Nigeria-Asia Connectivity Dialogue on Thursday, attributing improved investor confidence partly to stability in the foreign exchange market.…