Francophone Nations in West Africa to Move Reserves From France Former French colonies in the West Africa region are planning to move their foreign reserves from...
Reps Commence Investigation of $7bn Withdrawn from Foreign Reserves by CBN The House of Representatives on Thursday announced it has commenced investigation of the yet to...
Nigeria’s External Reserves Slip By $1.26bn In 4-Week The nation’s external reserves continued its downward trend as it slipped by $1.26 billion within four weeks, according...
Nigeria’s Foreign Reserves at 6-month Low Falling foreign revenue generation amid weak oil prices continue to weigh on Nigeria’s foreign exchange reserves in the third quarter...
CBN Spends $107bn on Imports in Five Years Over dependent on import products continued to hurt Nigeria’s foreign reserves despite efforts by the Federal Government to...
P&ID Instructs Lawyers to Start Identifying Nigeria’s Assets Following the over $9 billion arbitration fine against the Federal Government of Nigeria, P&ID has instructed its lawyers to start...
Nigeria’s External Reserves Decline by $460m in Two Months Nigeria’s external reserves continued to decline in the last two months despite a claim of improved capital...
Nigeria’s Foreign Reserves Rise to $45.099bn Nigeria’s foreign reserves continue to rise despite the drop in global oil prices and foreign direct investment. The reserves gained...
Nigeria Realises US$10.22b Forex Inflow in May The Central Bank of Nigeria (CBN) has said the federation recorded a total foreign exchange inflow of US$10.22 billion...
CBN’s Forex Policy Working, FG Insists The Central Bank of Nigeria’s (CBN) current foreign exchange (forex) policy is working well and is unlikely to be changed...