Nigeria's foreign exchange reserves rose above $30 billion as of March 8 to its highest level since October 2015, the Central Bank of Nigeria (CBN) data showed on Friday.
Nigeria's dollar reserves have increased by 15.02 percent since the start of the year, data showed, but were still far off their peak of $64 billion hit in August 2008.
The CBN did not provide any reason for the rise in its reserves, which coincides with a recent rise in crude prices. (REUTERS)
If you are happy to be contacted by a Daily Trust journalist please leave a telephone
number that we can contact you on. In some cases a selection of your comments will
be published, displaying your name as you provide it and location, unless you state
otherwise. Your contact details will never be published. When sending us pictures,
video or eyewitness accounts at no time should you endanger yourself or others,
take any unnecessary risks or infringe any laws. Please ensure you have read the
terms and conditions.