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Nigeria’s gold reserves hit $3.5bn as SMDF delivers LBMA-Standard Gold to CBN

Nigeria’s gold reserves hit $3.5bn as SMDF delivers LBMA-Standard Gold to CBN

THE Executive Secretary of the Solid Minerals Development Fund, SMDF, Hajiya Fatima Umaru Shinkafi, disclosed successful delivery of additional responsibly sourced gold refined to London Bullion Market Association (LBMA) Good Delivery standards to the Central Bank of Nigeria (CBN), as Nigeria’s boosting the nation’s total gold reserves to hit $3.5 billion.