External Reserves Drop $167.2m As Naira Falls

The country’s foreign reserves plummeted by $167.2 million in July as the naira fell further against the dollar. According to figures acquired from the Central Bank of Nigeria on the movement of external reserves, the reserves that ended June 30, 2023 at $34.12 billion declined to $33.95 billion as of July 28, 2023. On Monday, … Continue reading External Reserves Drop $167.2m As Naira Falls