Nigeria’s foreign exchange (forex) reserves have experienced a notable increase, reaching $33.25 billion, driven by optimism regarding potential surpassing of crude oil earnings projections. The reserves grew by $140 million, maintaining an upward trajectory, with analysts anticipating a positive economic outlook.

The rise in reserves aligns with a 1.6% increase in Brent crude oil prices to $78.48/bbl, attributed to escalating tensions in the Middle East and disruptions in the United.......

https://ratecaptain.com/forex-reserves-rise-to-33-2-billion/

Mateco556:
Nigeria’s foreign exchange (forex) reserves have experienced a notable increase, reaching $33.25 billion, driven by optimism regarding potential surpassing of crude oil earnings projections. The reserves grew by $140 million, maintaining an upward trajectory, with analysts anticipating a positive economic outlook.

The rise in reserves aligns with a 1.6% increase in Brent crude oil prices to $78.48/bbl, attributed to escalating tensions in the Middle East and disruptions in the United.......

https://ratecaptain.com/forex-reserves-rise-to-33-2-billion/

@1300.

Is it the same reserve that was securitized against some of Buhari's borrowings and said to be at just 15 billion dollars or less ? (According to JP Morgan)

Let them tell us our net balance please

https://businessday.ng/business-economy/article/cbn-loans-from-foreign-banks-may-cost-nigeria-40-of-foreign-reserves/

How does this put food on the table of hungry Nigerians?
Tunubu should get to work. Enough of all this media propaganda