Nigeria Records $2.35bn Monthly Net Inflow Into Foreign Reserves — Edun

Nigeria Records $2.35bn Monthly Net Inflow Into Foreign Reserves — Edun …C0NTINUE READING HERE >>>

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that the country now records approximately $2.35 billion in net inflows into the Central Bank of Nigeria (CBN’s) foreign reserves.

Edun made this statement while speaking at the Access Bank annual cooperate forum of 2024 in Lagos.

The Minister said the increase in foreign reserves has contributed significantly to the stability of the naira in the foreign exchange market.

He noted that this increase…

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