CBN Boosts Gold Reserves to $3.5bn with London Bullion Market Standard Local Purchase

As part of its reserves diversification strategy, the Central Bank of Nigeria (CBN) said it has taken delivery of responsibly sourced gold refined to London Bullion Market Association (LBMA) Good Delivery standards into its foreign reserves. The gold, sourced in Nigeria and aggregated by the Solid Minerals Development Fund (SMDF) through the National Gold Purchase […]


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