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NIGERIA'S FOREIGN EXCHANGE RESERVES
The Naira closed the week on a high note in the parallel market, reaching N1,520/$1, making it the...
Nigeria's foreign exchange (FX) reserves have maintained a one-month dip streak. The latest figures from the Central Bank of Nigeria (CBN) show the reserves reached a new low of $32.12 billion on April 17, 2024. The reserves dropped by $2.33 billion in 31 days, from $34.45 billion on March 18, 2024.