CBN Executive Order on Oil Revenues to Boost Foreign Reserves

Nigeria's Central Bank (CBN) announced that an executive order on oil revenues is expected to significantly boost the country's foreign reserves, which currently stand at $50.45 billion and provide 9.68 months of import cover.

25 Feb, 08:53 — 25 Feb, 08:53

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Executive order on oil revenues to boost foreign reserves – CBN

Mr Cardoso explained that at $50.45 billion, Nigeria gross external reserves provide an import cover of 9.68 months for goods and services for the country The post Executive order on oil revenues to boost foreign reserves – CBN appeared first on Premium Times Nigeria.

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CBN Executive Order on Oil Revenues to Boost Foreign Reserves

Read at source (1 outlet)

Executive order on oil revenues to boost foreign reserves – CBN

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