Nigeria’s Forex reserves drop to $29.88billion

Nigeria’s foreign reserves fell below $30 billion for the first time in more than four months, putting more pressure on the Central Bank of Nigeria’s (CBN) bid to defend the naira and avoid a devaluation. Gross reserves decreased to $29.881 billion as at December 1, the first time they have fallen below $30 billion since […]

Nigeria’s Forex reserves drop to $29.88billion

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