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Market Snack - July 17, 2026

Generated Jul 17, 06:00 WAT

Macroeconomy THISDAY

Cardoso: Nigeria’s Net Foreign Reserves Has Surpassed $40bn

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, announced that the nation's net foreign reserves have exceeded forty billion dollars. This increase represents a significant improvement in foreign exchange liquidity compared to previous levels, potentially impacting the broader financial markets.

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