Home Business Nigeria’s external reserves drop to $34.846bn in 2 weeks

Nigeria’s external reserves drop to $34.846bn in 2 weeks

by Kunle Awosiyan

Latest data from the Central Bank of Nigeria SHOWS The nation’s external reserves fell by $567 million in the first two weeks of this month.

According to the (CBN), the reserves dropped to $34.846 billion on Tuesday December 15th from $35.413 billion on Friday November 27th.

The trend indicates that the reserves has lost $1.748 billion since May 29th, 2020, when it peaked at $36.594 billion.

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