Nigeria’s external reserves declined to $40.09 billion as of January 21, 2025, according to data published by the Central Bank of Nigeria (CBN). This represents a...
Nigeria’s foreign exchange reserves increased by $591.78 million in the month following the government’s $2.2 billion Eurobond auction. Data from the Central Bank of Nigeria (CBN)...
Following the Central Bank of Nigeria (CBN) policy of increased interest rates for foreign investors, Nigeria’s external reserves grew by $7.7 billion within 11 months from...
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...
Nigeria’s external reserves, also known as foreign currency reserves, jumped by $490 million in one week following the successful issuance of domestic dollar bonds by the...
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 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...