CBN’s net external reserves position hits 3-year high of $23bn

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The Central Bank of Nigeria (CBN) had yesterday April 1 2025, reported a substantial improvement in its Net Foreign Exchange Reserve (NFER) position as of the end of 2024, reflecting a substantial improvement in the country’s external liquidity, reduced short-term obligations, and renewed investor confidence.

The Central Bank of Nigeria (CBN) had yesterday April 1 2025, reported a substantial improvement in its Net Foreign Exchange

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