Nigeria’s external reserves hit 39 month high of $38.2bn – CBN Governor

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The Governor of the Central Bank of Nigeria (CBN), yesterday, disclosed that the nation’s external reserves have risen to $38.2 billion, the highest in 39 months, Vanguard reports.

Godwin Emefiele disclosed this in Agbara, Ogun State while commissioning Unilever Plc’s 10,000 metric tonnes Blue Band factory.

Emefiele stated: “We have seen reserves move up from the $23 billion I talked about in October 2016, but as I speak today, external reserves are $38.2 billion.”