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Nigeria’s external reserves climb to $25b
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Nigeria’s external reserves climb to $25b

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Image result for Nigeria's external reserves climb to $25bNigeria’s external reserve has risen to 3 months high of 25 billion dollars.

Data from the Central Bank of Nigeria shows 25.2 billion dollars as at December 19.

In september, the reserve was 28.16 billion dollars.

The fast depleting reserve was 23.89 billion dollars in October.

The reserve dropped by 15% from last year when it closed at 29.7 billion dollars.

The increase was linked to non oil sector revenues to government coffers.

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