BUSINESS● ELEVATEDSep 30 · Sep 30, 2026, 6:10 AM
We inherited net external reserve at $859m — CBN
Vanguard Nigeria · sub saharan africa
By EmekaAnaeto, Babajide Komolafe & Emma Ujah The Central Bank of Nigeria (CBN) has revealed that the nation’s Net External Reserve had plunged to a mere $859 million as of the second quarter of 2023, a clear negative position unprecedented in the history of the bank, and also less than a month imports bill. The […] The post We inherited net external reserve at $859m — CBN appeared first on Vanguard News.
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