N385 external reserve hit 30 6b as the naira experiences a n12 rise

It seems like you're referring to a news article or a financial update. Here's my attempt to break it down:

• "n385 external reserve hit 30.6b": This means that the country's external reserve (a measure of its foreign exchange holdings) has reached a new high of N30.6 billion (approximately $83.5 million).
• "as the naira experiences a N12 rise": This indicates that the value of the Nigerian currency, the naira, has appreciated by N12 (approximately $0.03) against other currencies.

In simpler terms, the news suggests that the Nigerian government's foreign exchange reserves have increased significantly, and as a result, the value of the naira has strengthened against other currencies. This could be a positive development for the country's economy, as it may indicate improved confidence in the currency and potentially attract more foreign investment.