FX reforms, oil inflows push reserves above $54bn

🇳🇬 Punch Nigeria (NG) —
FX reforms, oil inflows push reserves above $54bn

AI Summary

Nigeria’s gross external reserves surpassed $54 billion, credited to foreign exchange market reforms and increased oil inflows. The improvements signify economic resilience amid global market dynamics.

Nigeria’s gross external reserves have risen above $54bn under CBN Governor Olayemi Cardoso, driven by FX market reforms and stronger oil inflows. Read More: https://punchng.com/fx-reforms-oil-inflows-push-reserves-above-54bn/

Markets Deals Commodities Energy Nigeria foreign reserves oil inflows currency reforms economy

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