Nigeria’s Forex Reserves Dip 0.34% To $48bn In June

Data from the Central Bank of Nigeria (CBN) shows that Nigeria’s forex reserves fell by 0.34 per cent to $48 billion in June.
The reserves showed a 14.8 per cent rise from a year ago, when they stood at $26.34 billion. Nigeria’s dollar reserves have risen slightly this year thanks to the rise in global oil prices.

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