Nigeria’s Net FX Reserves Reached $23.11 Billion in 2024 – Central Bank of Nigeria

On Tuesday, the Central Bank of Nigeria (CBN) announced that its net foreign exchange reserves (NFER) had risen to $23.11 billion in 2024, marking the highest level of foreign exchange accretion in three years. This figure represents a substantial increase from $3.99 billion in 2023, $8.19 billion in 2022, and $14.59 billion in 2021. Concurrently, [...]The post Nigeria’s Net FX Reserves Reached $23.11 Billion in 2024 – Central Bank of Nigeria appeared first on Tekedia.

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