L
LequteMan
Guest
Nigeria's foreign exchange reserves has recorded another increase following its drop in the last quarter of the previous year.
Since the turn of the year, reserves had started increase except for February when it dropped to N3.8trn. However it rose the next month above N4.0tn.
Again Nigeria's foreign exchange reserves on May 27 rose to $29.61 billion, up by 0.3 percent from a month ago, data from the central bank showed on Thursday.
However, reserves of Africa's biggest economy and top crude exporter fell 20.3 percent year-on-year from $37.14 billion.
#Nigeria #Forex #CBN
Since the turn of the year, reserves had started increase except for February when it dropped to N3.8trn. However it rose the next month above N4.0tn.
Again Nigeria's foreign exchange reserves on May 27 rose to $29.61 billion, up by 0.3 percent from a month ago, data from the central bank showed on Thursday.
However, reserves of Africa's biggest economy and top crude exporter fell 20.3 percent year-on-year from $37.14 billion.
#Nigeria #Forex #CBN
