External reserves drops by $1.2b in one month

Latest data by the Central Bank of Nigeria (CBN) shows that the nation’s external reserves pool continued to decline, amidst continued defence of the Naira in the face of declining supply of foreign exchange by autonomous sources, just as there is a slowdown in oil revenue. According to the CBN on its website, Nigeria’s external […]

External reserves drops by $1.2b in one month

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