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Inflows, FX reforms lift external reserves 58% under Cardoso
Nigeria’s external reserves have risen by 58 per cent since Olayemi Cardoso assumed office as Governor of the Central Bank of Nigeria in September 2023,
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Nigeria's external reserves rise to $52.5 billion, enough for 11 months' imports
The apex bank said the increase in gross reserves is driven largely by crude oil-related tax receipts and third-party inflows into the economy.
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Nigeria’s external reserves rise to $52.52bn, says CBN gov
CBN Governor Yemi Cardoso announces Nigeria's external reserves have risen to $52.52bn, sufficient for 11 months of imports.
