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flag Nigeria added $3.5 billion in gold to reserves via local mining, boosting economic stability.

flag Nigeria’s Central Bank has added $3.5 billion in gold to its reserves, acquired through the National Gold Purchase Programme using naira and priced against LBMA benchmarks. flag The gold, sourced from local miners and refined to international standards, supports formalization of artisanal mining and strengthens reserves without depleting foreign exchange. flag The move aligns with OECD and World Gold Council guidelines, enhancing economic resilience amid global volatility.

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