Tag: Nigeria’s Foreign Exchange Reserve

External reserves near $40bn, hit $39.76bn

Nigeria’s foreign exchange reserves came close to $40bn on Friday.  Specifically, the forex reserves increased by $407m or 1.03 per cent, from $39.351bn recorded on September 4, 2012, to close at $39.758bn on September 6. Also, between August 6 and September 6, the reserves rose by $3.35bn, a development which […]