Again, Nigeria’s external reserves falls by $841m

The CBN in its report on the movement of external reserves, disclosed that the reserves, which stood at $34.07bn as of July 7, 2023, fell to $33.23bn as of October 5, 2023.

External reserves dipped by $2.85bn in the first half of 2023 due to external debt finance among other challenges, figures obtained from the CBN showed.