Nigeria’s external reserves rise to $52.5 billion, enough for 11 months’ imports
The CBN boss also stated that Nigeria’s gross external reserves rose from $50.
The central bank said the gross reserves increase is driven largely by receipts from crude-oil-related taxes and third-party inflows into the economy.52 billion, providing import cover for approximately 11 months of goods and services, according to the Central Bank of Nigeria (CBN).
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
