- Nigeria’s foreign reserve has reacted positively to the announcement of a loan from the African Import-Export Bank
- CBN data shows that the reserve witnessed a significant increase to $33.042 billion as of January 3, 2024
- Similarly, the naira reversed its loss position to commence gain on Thursday, January 4, as a result of the development
Legit.ng journalist Zainab Iwayemi has over three years of experience covering the Economy, Technology, and Capital Market.
Foreign exchange reserves increased to $33.042 billion as of January 3, 2024, according to data from the Central Bank of Nigeria (CBN). This is up from $32.912 billion on Friday, the final trading day of 2023.