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Nigeria’s naira strengthened to N1,382.63 per dollar on improved liquidity and rising foreign exchange inflows, despite declining external reserves
Nigeria’s external reserves have surpassed $50 billion for the first time in 13 years, CBN Governor Olayemi Cardoso says
CBN intervenes in FX market, withdrawing $190M to slow naira appreciation. Nigeria’s external reserves hit $50B, fueling investor caution amid volatility
The CBN intervenes in Nigeria’s forex market to slow the naira’s rapid appreciation, mopping up $72m amid rising external reserves of $46.91bn