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Nigeria added $3.5 billion in gold to reserves via local mining, boosting economic stability.
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.
The gold, sourced from local miners and refined to international standards, supports formalization of artisanal mining and strengthens reserves without depleting foreign exchange.
The move aligns with OECD and World Gold Council guidelines, enhancing economic resilience amid global volatility.
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Nigeria agregó $ 3.5 mil millones en oro a las reservas a través de la minería local, impulsando la estabilidad económica.