September 29, 2017 / 5:00 PM / 2 years ago

Nigeria's foreign reserves rise to $32.16 bln by Sept. 22 -central bank data

LAGOS, Sept 29 (Reuters) - Nigeria’s foreign exchange reserves were up 1.52 percent from a month earlier to $32.16 billion by Sept. 22, latest central bank data showed on Friday.

Nigeria’s dollar reserves were up almost 30 percent from a year earlier. The bank did not provide a reason for the increase, which could be a result of a rise in global oil prices and its own crude production at home. (Reporting by Chijioke Ohuocha; Editing by Kevin Liffey)

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