Nigeria

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Nigeria’s Currency Reserves Rise to $44.04 Billion (Update1)

Bloomberg - Mon Dec 7, 12:03 pm ET

Dec. 7 (Bloomberg) -- Nigeria’s foreign currency reserves rose 3 percent in the month through Dec. 3 as oil prices and production improved. Reserves climbed to $44.04 billion from $42.7 billion the month before, the Central Bank of Nigeria , based in the capital, Abuja, said on its Web site today.

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