The Central Bank of Nigeria (CBN) has reported the highest Net Foreign Exchange Reserve (NFER) position as of the end of 2024. According to CBN data, NFER stood at $23.11 billion, the highest level in over three years. The improvement marked an increase from $3.99 billion at year-end 2023, $8.19 billion in 2022, and $14.59 […]

Nigeria’s net foreign exchange reserve hits highest level in 3 years — CBN