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,...
Foreign Reserves increased by $3.1 billion in May Despite COVID-19 The Nigerian foreign reserves rose in the month of May despite the economic headwinds brought about...
Nigeria’s Foreign Reserves to Plunge to $23.3bn in 2020 – Fitch Fitch Ratings, one of the world’s global rating agencies, on Monday said Nigeria’s foreign reserves...
Nigeria’s Foreign Reserves Rise by $1.22bn in Eleven Days The nation’s foreign reserves rose by $1.22 billion in eleven days, according to the report released by...
CBN to Devote Available FX to Strategic Importation as Foreign Reserves Declines The Central Bank of Nigeria on Sunday said it would devote available foreign exchange...
Foreign Reserves Drop to $33.79bn as Nigeria Struggles to Sell Oil The Nigerian foreign reserves declined further in April following the inability of the nation to...
Naira Exchanges at N420 to Dollar The Nigerian Naira traded at N420 to a US dollar on the black market as scarcity persists. The Central Bank...