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Nigeria’s foreign exchange reserves gained 8.8 per cent as of March 28, to $46.2 billion compared to same period in February 2018, according to data from the Central Bank of Nigeria (CBN).
The reserve is still far from the peak of $64 billion recorded in August 2008.
Debt sales such as Eurobond offering by Federal Government helped Nigeria to accrue billions of dollars in foreign reserves, Reuters reports
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The reserve is still far from the peak of $64 billion recorded in August 2008.
Debt sales such as Eurobond offering by Federal Government helped Nigeria to accrue billions of dollars in foreign reserves, Reuters reports
READ MORE HERE