Nigeria’s foreign exchange (FX) reserves increase by $591.78 million in the month following the government’s $2.2 billion Eurobond issuance on December 2, 2024. The reserves grow from $40.292 billion on December 2 to $40.884 billion by January 3, 2025, representing a 1.47% rise within a month. This growth underscores the effectiveness of the government’s strategies … Continue reading Nigeria’s Foreign Reserves Rise By $591.78 Million Following Eurobond Issuance