Feb 10, 2020

Economic update for week ending 9 Feb. 2020

More stress on Nigeria’s external reserves Nigeria‚Äôs external reserves continued to dwindle for the seventh month and are expected to drop below to $37.5 billion by the end of this month. In January 2020, the reserves dropped to their lowest level since October 2017 (24-months), falling further by 1.4%, equivalent to $539 million to $38.056…

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