Nigeria’s Net Foreign Reserves Fell to $3.7bn in 2022, Says JP Morgan
Nigeria’s Net Foreign Reserves Fell to $3.7bn in 2022, Says JP Morgan JP Morgan, an American multinational financial services firm, has estimated that Nigeria’s net foreign exchange (FX) reserves fell to $3.7 billion as of the end 2022. This is contained in the firm’s latest report titled ‘Nigeria: Reform pause rather than fatigue’. Gross FX…