Nigeria’s External Reserves Jumps to $31.4billion (Still down 20 percent)

Nigeria’s foreign exchange reserves were $31.43 billion on Aug. 27, up 1.12 percent from $31.08 billion a month earlier, data from the central bank showed on Monday. The forex reserves of Africa’s top crude exporter were down 20.65 percent year-on-year from $39.61 billion a year ago. The decline from $31.63 billion on Aug. 14 reflects […]