Nigeria's forex reserves fall 2.68 percent to $27.14 bln in April: cenbank data

LAGOS (Reuters) - Nigeria's foreign exchange reserves fell by 2.68 percent to $27.14 billion as of April 27 from a month ago, when they were 27.87 billion, central bank data showed on Friday. The reserves declined by 5.55 percent from $29.51 billion a year ago. A plunge in oil prices has eaten into the foreign reserves of Africa's biggest economy, with the central bank adopting fixed exchange rate to protect further depletion of its reserves. (Reporting by Oludare Mayowa; editing by John Stonestreet)