GOODNEWS: Nigeria's External Reserve Hits $30Bn


  There's hope that Nigeria might likely come out of distress soon as the nation’s external reserve hit $30 billion, the highest in 13 months Nigerian Bulletin reports.


Consequently, the external reserve has risen by $4.2 billion since the beginning of the year, and by $6.2 billion since October 19th, 2016 when it commenced its upward trend.

Meanwhile, the forex market on Friday reacted to the news of President Muhammadu Buhari's return from medical trip in the United Kingdom by appreciating against the three major currencies at the parallel market.

The stock mmarket also closed positive as All Share Index moved up by 0.27% to close at 25,238.01 with 16 gainers.

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