The Debt Management Office (DMO) has said Nigeria’s total debt rose by N191 billion in the first quarter of 2021 to N33.107 trillion from N32.916 trillion...
The country’s foreign reserves continued its downward trend, losing $178m in March, figures obtained from the Central Bank of Nigeria revealed on Thursday. The reserves which...
Nigeria’s external reserves declined by US$388.74 million in the first nine days of March 2021, according to the latest data from the Central Bank of Nigeria...
CBN to Pay Receivers of Diaspora Remittances N5 for Every $1 Received In a desperate move to encourage diaspora remittances, the Central Bank of Nigeria (CBN)...
Nigeria’s Foreign Reserves Rose by $1.6 Billion to $36.50 Billion in a Month Nigeria’s foreign reserves grew by $1.6 billion from $34.90 billion recorded on December...
Nigeria’s Excess Crude Account (ECA) Balance Now $72.4 Million The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Thursday said Nigeria’s Excess Crude Account...
Weak oil prices amid falling global demand plunged Nigeria’s foreign exchange reserves to $35.63 billion, the lowest in two months, the Central Bank of Nigeria’s latest...
Nigeria’s External Reserves Decline by $50.84 Million to $35.69 Billion Nigeria’s foreign reserves declined by $50.84 million in eleven days to $35.69 billion, according to the...
FG to Enhance Methylformate Production The Federal Government has started unlocking domestic capacity to up foreign revenue generation and deepen domestic productions through various means including...
Foreign Reserves Drop to $36.1 Billion in Almost Two Months Foreign reserves declined with falling revenue generation and weak oil prices in the month of July,...