Nigeria’s reserves rise to $50.45bn as net FX hits $34.80bn
Governor of the Central Bank of Nigeria, Olayemi Cardoso, says Nigeria’s reserves has risen to $50.45bn as net FX hits $34.80bn, the highest in 13 years. Cardoso described it as a major improvement in Nigeria’s foreign reserve position, adding that it is a clear evidence of stronger external sector fundamentals and sustained economic reforms. Speaking…