The Central Bank of Nigeria has received domestically sourced gold refined to international standards into the country’s foreign reserves, raising its total gold holdings to about $3.5bn. The apex bank disclosed this in a statement issued on Wednesday, noting that the bullion was refined to the London Bullion Market Association Good Delivery standards. The statement read, “The Central Bank of Nigeria has taken delivery of responsibly sourced gold refined to London Bullion Market Association Good Delivery standards into its foreign reserves. This brings the CBN’s total gold holdings to $3.5bn, marking a significant step in its reserve diversification strategy.”...........................READ MORE