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Reserves Rise to 13 Year-high at $50bn

Bukola Aro-Lambo by Bukola Aro-Lambo
4 months ago
in Business
CBN Central Bank of Nigeria 768x530 1
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Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has said the gross external reserves of the country has risen to $50.45 billion as of February 16 the highest level it has reached in 13 years
Cardoso at the post MPC. Meeting said this provides covering of over nine months (9.68 months) of import of goods and services in the country

…Details later

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Bukola Aro-Lambo

Bukola Aro-Lambo

Bukola Aro-Lambo is a journalist with Leadership Newspaper with over a decade of experience, specialising in economy and finance reporting. She covers macroeconomic trends, fiscal policy, public finance, banking, and fintech, combining official data with expert insight in a methodical, data-driven approach. Her reporting extends to development finance, infrastructure funding, agri-exports, climate finance, and technology-driven enterprise, offering clear, analytical coverage that supports informed public discourse on Nigeria's evolving economic landscape.

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