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Tag: gold prices

CBN’s Gold Reserves Gain Over N1 Trillion In 2024 As Prices Hit Record Levels

The Central Bank of Nigeria (CBN) reported a significant rise in its gold reserves in 2024. By the end of December 2024, the value of its gold holdings reached N2.77 trillion, up from N1.28 trillion at the close of 2023. This growth was primarily due to a sharp increase in global gold prices. While the […]