Governor of the Central Bank of Nigeria, CBN, Mr. Olayemi Cardoso, yesterday, said Nigeria’s external reserves have risen to about $52 billion, while net external reserves have exceeded $40 billion.

Nigeria’s net foreign exchange reserves have risen from about $3 billion at the start of the country’s economic reforms to around $40…

Nigeria's net FX reserves have surged from $3bn to $40bn, reflecting improved external liquidity and investor confidence, according to CBN Governor Cardoso