The Central Bank of Nigeria also announced that the country’s foreign exchange reserves had hit $42bn as of February 6, 2018.
The Director, Banking Supervision Department, CBN, Ahmad Abudullahi, disclosed that the external reserves had hit $42bn, adding $2bn since the beginning of the year.
“The external reserves were close to $40bn as of the end of last year. There has been accretion between then and now. It is now about $42bn,” he added.