CBN Boosts Foreign Reserves with $3.5bn Locally Refined Gold
The Central Bank of Nigeria (CBN) has received locally sourced gold refined to London Bullion Market Association (LBMA) Good Delivery standards into Nigeria’s foreign reserves, bringing the Bank’s total gold holdings to $3.5 billion. The milestone represents an important step in the CBN’s reserve diversification strategy. The gold was aggregated by the Solid Minerals Development…
