The Federal Government of Nigeria risks losing 30 per cent of Nigeria’s foreign exchange reserves as the London High Court resumes hearing on Tuesday on the...
The Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, has said Nigeria must be prepared for the next global economic crisis. Emefiele stated this on...
With increase in Nigeria’s foreign reserves and stability in the naira exchange rate, Nigeria’s recession will be over by third quarter of 2017. The Central Bank...
It seems that all attempts by the Central Bank of Nigeria (CBN) to shore up the country’s external reserves have failed as the reserves hit an all time low of $24.21bn in October from $25.8bn in September 2016, according to...
Nigeria has concluded plans to raise a total of N129.67 billion in treasury bills next week, even as its foreign reserves recorded its worst slip in September 2016, according to the Central Bank of Nigeria (CBN’s) data,released at the weekend. The apex...
In a desperate move to find solution to its economic recession and improve on its drained foreign reserve, Nigeria has made overtures to Spain to buy...
