External reserves return to growth path

Central Bank of Nigeria, CBN says Nigeria’s external reserves rose by $243.83m in 19 days.

According to CBN, the value rose from $39.54bn as of April 1, 2022 to $39.78bn as of April 19, 2022.

It added that the external reserves fell by $313m in March, after starting the month at $39.86bn, before falling to $39.55bn on March 30.