Nigeria’s foreign reserves drop by over $2 billion since the beginning of the year, reaching $38.88 billion, according to data from the Central Bank of Nigeria (CBN). The decline follows increased foreign obligation settlements and occurs within just 40 days. At the start of 2025, Nigeria’s gross external reserves stand at $40.92 billion, the highest … Continue reading Nigeria’s Foreign Reserves Decline By $2.04 Billion In Early 2025