(Reuters) - Nigeria's foreign reserves rose to $43.48 billion in May, versus $43.2 billion a month earlier, thanks to sustained high oil revenues, the central bank said on Wednesday.
Governor Chukwuma Soludo said in a statement that the reserves could cover 25 months of imports, but that disruptions to oil production in the Niger Delta were a risk to reserves growth.
Read more at Reuters Africa
Governor Chukwuma Soludo said in a statement that the reserves could cover 25 months of imports, but that disruptions to oil production in the Niger Delta were a risk to reserves growth.
Read more at Reuters Africa
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