Foreign reserves hits $31.22bn

Foreign reserves hits $31.22bn

The Nigeria’s external reserves on Tuesday August 8, 2017 rose to $31.22 billion from its low level of $23.9 billion in October 19, 2016. The price of Brent crude oil (petroleum) as at 2.54 pm today (August 9, 2017) stood at $52.41 per barrel. The increases in the foreign exchange reserves are attributable to oil…

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