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Nigeria’s Forex Inflow Hits $55.5bn In Seven Months

Admin4 years ago03 mins

The Central Bank of Nigeria (CBN) has disclosed that Nigeria recorded a foreign exchange inflow of $55.5billion within a seven-month period. It attributed the forex inflow to increased non-oil receipts and proceeds from Eurobonds, among other factors. The CBN’s economic reports, which made the disclosure, said Nigeria earned $18.3billion in the second quarter of 2021,…

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