Nigeria’s foreign exchange buffers have come under renewed pressure as the nation’s gross external reserves plummeted by $1.3 billion within a single 30-day window. This rapid drawdown comes at a critical juncture for the Central Bank of Nigeria (CBN), which has been aggressively deploying its reserves to defend the Naira and improve market liquidity. Nigeria’s […]
read more Nigeria’s foreign reserves position drops by $1.3bn within 30-day window