External reserves near $40bn as inter-bank rates moderate

by | January 6, 2018 3:09 pm

Nigeria’s external reserves currently at $39.07 billion as at January 4, 2018, near the $40 billion mark which Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) predicted for the end of 2018. The foreign reserves had recovered significantly from about US$23 billion in October 2016 to over US$39 billion. Emefiele had explained that…

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