Nigeria’s foreign exchange reserves have fallen by $1.6bn to $32.97bn since the Central Bank of Nigeria (CBN) announced the unification of the exchange rate to unify...
The Central bank of Nigeria (CBN) continues its withdrawal from Nigeria’s external reserves as it continues its intervention in the forex market. Data obtained from its...
Nigerian currency recorded a more impressive day on Tuesday, as Central Bank of Nigeria (CBN) announced an increase in foreign reserves. Data from FMDQ securities showed...
The chief executive officer of Financial Derivatives Company, Bismarck Rewane, on Thursday predicted that Nigeria’s external reserves would drop to $39 billion before the end of...
Nigerian external reserves dropped to $40.49billion following the withdrawal of $21.8million from the reserves by the Central Bank of Nigeria (CBN) earlier in the week. Data...
The Nigeria government has revealed that Nigeria Excess Crude Account (ECA) dropped by 15.9 percent to N60.85 million as at the end of June 2021 from...
Nigeria’s external reserves have grown by 3.71 percent, or $1.96 billion, in the last 19 days. According to figures obtained from the Central Bank of Nigeria...
Nigeria’s external reserves dropped by $177.6 million last month, data from the Central Bank of Nigeria revealed on Thursday. The country’s external reserves dropped from $34.99...
Nigeria’s currency on Wednesday signaled a return to the green at the Investors and Exporters (I&E) forex as Naira close at N411 per dollar, a marginal...
Nigeria’s external reserves plunged to $35.633 billion despite strong run of oil price, with the country shedding $565 million. As the country’s external reserves dip, Nigeria...
Hello, and welcome to the very first Business Roundup for the year. Here, we bring you highlights of events that happened during the week -from the capital...
Nigeria’s external reserves contracted by $3.17 billion or 8.23% this year as proceeds from sales of crude oil, which provides more than 90% of its foreign...
Between 1st January and 12th March this year, Nigeria’s external reserves shed the sum of $2.43 billion (about N888.165 billion) in value, data from the Central Bank of...
Nigeria’s External Reserves hit $46 billion as at close of business Friday, March 9, 2018, exceeding earlier projection of $40 billion, and heading towards the $50 billion mark....
Vice President Yemi Osinbajo says Nigeria’s external reserves now stands at $35billion, the highest in the past four years. The Vice President made the revelation in...
Nigeria’s foreign exchange (forex) reserves have increased to $27.223 billion as at January 16, 2017, according to latest figures on the Central Bank of Nigeria’s (CBN)...
