Drop In Foreign Reserves ‘No Cause For Alarm’ – Emefiele

Mr Godwin Emefiele, the Governor Central Bank of Nigeria (CBN) says there is no cause for alarm in the imaginary drop in Nigeria’s Foreign Reserves.

Emefiele said this while fielding questions from newsmen after the Monetary Policy Committee (MPC) meeting in Abuja on Tuesday.

News Agency of Nigeria (NAN) reports that the Foreign Reserves had dropped from about 40 billion dollars to 39.3 billion dollars.

NAN.

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