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Nigeria's External Reserves rises to $46 Billion, Highest in 7yrs

The Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso yesterday said that the nation's external reserves has risen to $46.7 billion, representing the highest in seven years, since 2028. Cardoso disclosed this in Abuja at the opening of the Monetary Policy Department 20 years anniversary colloquium, adding that this level of reserves can cover over 10 months of import. [...]