Naira Strengthens With Reserves at $40.16bn
[News Central - Africa] - 9/08/2025
The naira extended its upward momentum against the dollar in the official market on Friday, buoyed by a surge in Nigeria’s external reserves, which climbed to $40.16 billion as of 7 August 2025 — the highest level since July. Fresh figures from the Central Bank of Nigeria (CBN) revealed a slight (…)
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