The nation’s foreign exchange reserves have risen further to $25.4bn, according to the latest data obtained from the website of the Central Bank of Nigeria.
In less than one week, the reserves rose by almost $300m from $25.084bn recorded on December 16, 2016 to $25.361 on December 22, 2016, the CBN data showed
This indicated that the foreign exchange reserves had risen to almost four-month high.
The last time the reserves recorded something close to this figure was on September 2 when it had the balance of $24.361bn.