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Nigeria’s fx reserves hit $35.05 bn highest under President Tinubu

Nigeria’s FX reserve hit $35.05 billion the highest since Tinubu’s administration today according to data from the Central Bank of Nigeria.

The last time the reserve reached this height was May 30 2023, a day after the president’s inauguration when it was $35.09 billion and before the unification of the naira in June.

The foreign reserve has recorded a steady increase in recent weeks,  as last week Friday it was $34.66 billion.

Details later…

 

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