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Nigeria’s FX reserve recovers, soars to $32.8bn

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Nigeria’s foreign reserve currently stands at $32.80bn.

This is according to a data on the website of Nigeria’s apex bank.

The new figure highlighted an increase of $110m from $32.69bn on May 31.

According to the data, the upward movement has been consistent over the past one week, with the reserve experiencing an increase from $32.74bn on June 3 to $32.77bn on June 4 then $32.79bn on June 5 before the current value.

The reserve earlier witnessed a 10-week dip of $1.8bn between March 18 and May 29, 2024.

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