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Nigeria’s foreign reserve is only...

Nigeria’s foreign reserve is only $3.7billion, not...

Nigeria’s foreign reserve is only $3.7billion, not $33.8billion posted by Central Bank – JP Morgan

Nigeria’s foreign reserve is only $3.7billion, not $33.8billion posted by Central Bank – JP Morgan Story from Vincent CHIKAMSO, Abuja A Global financial firm, JP Morgan says Nigeria’s net foreign exchange (FX) reserves fell to $3.7 billion as of 2022, contrary to $36.61 billion the Central Bank of Nigeria posted on August 17 on its website. JP Morgan’s estimate is much lower than the net figure of $14 billion reported at the end of 2021. This was contained in the bank’s latest report on Nigeria titled “Nigeria: Reform pause rather than fatigue”. READ ALSO: Diversification:...
Salim Sani -
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Nigeria’s foreign reserve...

Nigeria’s foreign reserve is only $3.7billion, not $33.8billion posted by Central Bank – JP Morgan Story from Vincent CHIKAMSO, Abuja A Global financial firm, JP Morgan...
Salim Sani -
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