By the close of 2024, Nigeria’s net foreign exchange reserves (NFER) rose to $23.11 billion, marking the highest level in three years and indicating a revitalized strength in the country’s external financial standing. This represents a significant rebound from $3.99 billion at the close of 2023, $8.19 billion in 2022, and $14.59 billion in 2021. The increase was fueled by a decrease in… Read More “Nigeria’s Foreign Exchange Reserves Reach a Three-Year Peak of $23.1 Billion”
