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Monday, 30 March 2015

External reserve hits new low, below 4 months import


30 March 2015, Lagos -The stress of dwindling oil revenue is mounting on the economy as external reserve drops below USD30 billion last week, indicating less than four months import bill. The decline which came with last week’s withdrawals for meeting forex demands put the total figure at USD29.9 billion. The international standard for healthy […] More »

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