Nigeria's external reserves down to $15 billion contrary to CBN’s $36 billion claim. According to report, Nigeria spent N5.9 trillion on imports in the first quarter...

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Published (Updated) on Friday, August 5, 2022
Nigeria's external reserves down to $15 billion contrary to CBN’s $36 billion claim. According to report, Nigeria spent N5.9 trillion on imports in the first quarter, irrespective of the preferred exchange rate, reserves of $15 billion would barely cover 4 months of import...
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