Nigeria’s external reserve rise to $42bn on Eurobond inflow

Nigeria’s external reserves have risen to $42 billion, a 25-month high on the back inflow of the recent Eurobond issued by the federal government. Although, the Central Bank of Nigeria’s (CBN) latest update on its website showed that as of October 7, 2021, the Eurobond had grown by $3.587 billion or 10 per cent, from … Continue reading Nigeria’s external reserve rise to $42bn on Eurobond inflow