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External reserves drop by $3.4bn in three months

External reserves drop by $3.4bn in three months The nation’s external reserves have dropped by $3.4bn in the last 12 weeks, according to the latest data from the Central Bank of Nigeria. Statistics on the CBN website showed the reserves crashed from $44.8bn on November 18 to $41.4bn on February 18, indicating an over seven per cent drop within the period. According to... 
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Added February 19, 2014
from The Punch News