Nigeria’s foreign exchange reserves rose by 0.18 percent to $27.87 billion by March 29 from a month ago, when they were $27.82 billion, central bank data showed on Thursday.
Reserves stood at $29.79 billion a year ago.
Africa’s biggest economy is facing its worst economic crisis in decades. A plunge in oil prices has eaten into its foreign reserves as it battles to defend its ailing naira currency.
