Nigeria’s gross external reserves rose to $42 billion this week, the highest level since September 2019, supported by steady inflows and stronger hydrocarbon revenues, according to Central Bank of Nigeria (CBN) data. In September, inflows into reserves reached $692.28 million, with sustained contributions from oil exports boosting the country’s foreign buffers. Analysts note that the … Continue reading Nigeria’s External Reserves Climb To $42bn, Highest Level Since 2019