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EXCLUSIVE: Nigeria’s Foreign Reserve Hits $42bn

Nigeria’s external reserve has risen further to $42 billion from the previous amount of $40.4 billion in January, 2018, The WHISTLER can exclusively report. A top official of the Central Bank of Nigeria (CBN), who spoke to this medium on the condition anonymity, said the further rise was due to a steady climb in the price of crude oil in the international market. “More than $1.5 billion has been added to Nigeria’s external reserves just between January 5 to date. The Federal Government can expect to continue to witness…