Nigeria’s foreign reserves rise
Daniel Broby (November 14th, 2008) Writes:
Nigeria's foreign currency reserves rose this week to 59.7 billion dollars said the Central Bank of Nigeria. The rise breaks a trend over the last months still dropping crude oil prices in the international market. Oil prices have more than halved since hitting record levels of above 147 dollars in July on concerns about the faltering global economy. Since the beginning of 2006, militant attacks have cut Nigeria's oil output from 2,6 million barrels to around 1,9 million barrels.
Tags for this Post:
Central Bank of Nigeria;, Crude Oil Prices, Frontier Markets, Investing in Nigeria, Nigeria, Oil, Oil Prices, USD
Central Bank of Nigeria;, Crude Oil Prices, Frontier Markets, Investing in Nigeria, Nigeria, Oil, Oil Prices, USD


![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
