Nigeria’s foreign reserve on a downward trend after meteoric rise

Nigeria’s external reserves dropped by $30 million in just 24 hours, the Central Bank of Nigeria revealed on Sunday.

Data from the CBN obtained by Ripples Nigeria showed that the country’s external reserves dropped from $41.75 billion on November 3 to N41.72 billion 24 hours later.

Nigeria’s external reserves had been on a meteoric…

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