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CBN FX Reform

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CBN Reacts to Naira Devaluation
Business

Nigeria’s external reserves grew by 5.6% to $38.8bn in 2024 — CBN

Nigeria’s external reserves grew by 5.6% to $38.8 billion in 2024, driven by improved inflows. The Central Bank of Nigeria attributes the growth...

CBN Reacts to Naira Devaluation
Business

CBN’s FX Reforms Stabilize Naira, Says Expert

The Executive Director of the Osun River Basin, Mr Ayobami Oyalowo, has commended the Central Bank of Nigeria’s (CBN) foreign exchange reforms. Oyalowo...