The Central Bank of Nigeria (CBN) has reported a further decline in the country’s external reserves, with figures showing a fall of $317m in February. This...
Nigeria’s external reserves have taken a hit, with figures obtained from the Central Bank of Nigeria (CBN) revealing a $427.14m fall in just one month. This...
Persistent dollar scarcity amid economic uncertainties ahead of the 2023 general elections continues to drag on Nigeria's foreign reserves.
Economic uncertainty amidst weak fundamentals continues to drag on Nigeria’s foreign reserves and ability to support its huge dollar-dependent economy. The total value of Nigerian foreign...