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Just In : Nigeria’s FX reserves exceed $35 billion, first time under Tinubu administration

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Just In : Nigeria’s FX reserves exceed $35 billion, first time under Tinubu administration

Nigeria’s external reserves have increased yet again, reaching $35.05 billion as of July 8, 2024.

This is according to the central bank’s external reserve data, which was analyzed by Nairametrics.

It was noted that the reserves have reached the highest level since May 30, 2023, when it was $35.09 billion, about 14 days before the introduction of the foreign exchange (FX) unification policy in June 2023.

 

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