In celebration of one year in office, the Central Bank of Nigeria (CBN), under the leadership of Olayemi Cardoso, has recorded another milestone with an over...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that the country’s foreign reserves have seen a net inflow of approximately...
Despite Nigeria’s external reserves growing by 8.36% in the past year following the surge in remittances and international financial inflows, the naira continues to lose value...
Nigeria’s foreign reserves climbed to $35.05 billion as of Monday, according to the latest data from the Central Bank of Nigeria (CBN). This represents a significant...
Nigeria’s foreign reserves rose to $34.14 billion as of Friday following a $2.75 billion loan borrowed from the World Bank. This represents a 4.06% rise from...
Nigeria’s foreign exchange reserve increased by $110 million over the past six days following a concerning 10-week dip that saw the reserves fall by $1.8 billion...
Nigeria’s foreign exchange reserves have plummeted by approximately $1.02 billion over an 18-day period. This significant drop underscores the intensifying pressure on the country’s currency and...
Recent data released by the Central Bank of Nigeria (CBN) indicates a significant upswing in Nigeria’s external reserves to $34.1 billion as of March 7, 2024....
The country’s external reserves declined by 10.86% year-on-year, according to the Central Bank of Nigeria (CBN) data. The reserves which stood at $37 billion on the...
The Central Bank of Nigeria (CBN) data has revealed a $77.23 million decline in Nigeria’s external reserves for the month of December 2023. This 0.23% decline...