Nigeria’s foreign reserves down by $64m

Nigeria’s foreign reserves have dipped by $63.62m in January, the Central Bank of Nigeria (CBN) outlined on its website

The reserves that the external reserves which ended December 30, 2022 at $37.08bn fell to $37.01bn at the end of January 30, 2023.

Nigeria’s external reserves fell by $3.43bn in 2022 after dropping from $40.52bn as of the end of December 31, 2021.