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…