Nigeria’s Foreign Reserve Jumps To $46bn

The Governor of Central Bank of Nigeria (CBN), Yemi Cardoso onTuesday disclosed that foreign reserve has risen to over $46 billion

Cardoso made this disclosure at the opening of the Monetary Policy Department’s 20th anniversary colloquium in Abuja on Tuesday morning.

According to him, was the first time the country reached such a level since 2018 and that it could cover over 10 months of imports.
Details later…