Nigeria’s external reserves have exceeded $35 billion, making it a record under the administration of President Bola Tinubu. News media, Nairametrics' report on Wednesday showed that Nigeria’s FX reserves have increased yet again, reaching $35.05bn as of Monday, July 8, 2024, according to the Central Bank’s external reserve data. 'It was noted that the reserves have reached the highest level since May 30, 2023 when it was $35.09 billion, about 14 days before the introduction of the foreign exchange (FX) unification policy in June 2023,' Nairametrics stated. This is the first time it has crossed the $35 billion ceiling under
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