Foreign reserves rose to $39bn in October, but inflation remains a huge concern, says Cardoso

The governor of Nigeria’s Central Bank, Olayemi Cardoso, has disclosed that the country’s foreign reserves rose by 12.74 per cent to $39.12 billion as of October 11, 2024, from the $34.70 billion at the end of June. This is even as he lamented that inflation remains a pressing concern but said there are reasons for [...]The post Foreign reserves rose to $39bn in October, but inflation remains a huge concern, says Cardoso appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

Read More