Nigeria's foreign reserves this month hit 30.48 billion U.S. dollars, a depletion by one billion dollars when compared to last month's 31.47 USD, according to data given by the Central Bank of Nigeria on Wednesday.
The figure given by Nigeria’s apex bank represents 3.14 percent fall in the foreign exchange reserves and shows 23.03 percent depletion from the saving a year ago. 
Nigeria, which is Africa’s top producer of oil, had recorded an increase by 350 million USD in August, zooming up to 31.47 USD.
In July, the reserves stood at 30.69 billion dollars, a 5.6 percent rise from 29.03 billion dollars it recorded in June, the Nigerian apex bank added. Enditem
Source: Xinhua
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