- The governor of the Central Bank of Nigeria (CBN) said that the Nigerian foreign reserves have hit a 33-month high of $40 billion
- The CBN governor said that the reforms embarked on by the bank were responsible for the substantial rise in the reserves
- Punch reports that Cardoso said that there are indications that inflation is also on a downward trend due to the reforms
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that Nigeria’s FX reserves have reached more than $40 billion, the highest in 33 months.
