Nigeriaโs Economic Recovery Strengthened As Foreign Reserves Hit Seven-year High
Nigeriaโs economic recovery is gaining traction, with the Central Bank of Nigeria (CBN) reporting that the countryโs external foreign-exchange reserves have risen to US $46.7 billion, the highest level in nearly seven years. That surge reflects renewed investor confidence and stronger inflows. According to the CBN Governor, increased oil receipts, robust portfolio and foreign-investment flows,…