Nigeria’s foreign reserve hits $42.8bn – CBN

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The image maker of the Central Bank of Nigeria (CBN), Mr. Isaac Okoroafor has said that the nation’s foreign reserve has hit $42.8 billion, Vanguard reports.

Okoroafor disclosed this at a meeting with the Rice Farmers Association of Nigeria (RIFCAN) this Morning, in Abuja.

He attributed the steady growth of the reserve to CBN policies targeting reduction in importation of goods, especially food that can be produced in the country.