Banking, Economy & MoneyHeadlines

Nigeria’s Foreign Reserve Hits $46 Billion

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has announced that Nigeria’s foreign reserve now exceeds $46 billion.

Mr Cardoso made this known at the opening of the Monetary Policy Department’s 20th anniversary colloquium in Abuja on Tuesday morning.

According to him, this marks the first time the country reached such a level since 2018, and it could cover over 10 months of imports.

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