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Reading: Nigeria’s External Reserves Hit N26.5bn
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Nigeria’s External Reserves Hit N26.5bn

By
Farouk Mohammed
ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
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January 11, 2017 - 9:50 am
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Nigeria’s external reserves hit $26.55bn on January 9, from $26.2bn on January 6 as crude oil price and output increases.

Nigeria’s Finance Minister, Kemi Adeosun

This is Tuesday’s figure from the Central Bank of Nigeria.

The foreign exchange reserves had hit $26bn on January 3, 2017, up from $25.8bn on December 30, 2017, the CBN statistics revealed.

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The reserves ended last year with $25.84bn balance on December 30, 2016.

The foreign exchange reserves have been rising in recent weeks following the gradual increase in oil price and production output.

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