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External reserves up by 0.70% as FPIs return to fixed income market

Nigeria’s external reserves, which had fallen to as low as $42.30 billion as of February 27, 2019, resuscitated last week as it recorded 0.70 percent accretion to $42.60 billion as at March 7, 2019, according to the data from the Central Bank of Nigeria (CBN). The increases were as a result of the return of…

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