Nigeria’s external reserves rises to $424.68M

Nigeria’s external reserves rises to $424.68M …C0NTINUE READING HERE >>>

Nigeria’s external reserves rises to $424.68M

Nigeria’s external reserves saw a significant increase of $424.68 million between August 30 and September 10, indicating a positive shift in the country’s financial outlook.

According to a Central Bank of Nigeria (CBN) report, the reserves grew from $36.305 billion on August 30 to $36.730 billion by September 10, a 1.17% rise. These reserves are crucial for maintaining naira stability, financing imports, and fulfilling external obligations.

However, a brief dip occurred on September…

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