Tag: Foreign Reserve
Naira holds strong, external reserves hit $42.79 billion
However, they also warn that consistent results will depend on Nigeria’s ability to increase production, attract foreign investors, and manage…
Exclusive: Nigeria’s foreign reserve plunges despite higher oil prices
Nigeria's foreign reserve has declined rather than being boosted by higher crude prices, figures published by Central Bank of Nigeria…
South Africa’s foreign reserves rise to $42.5b
South Africa’s net foreign reserves rose to 42.577 billion dollars in November from 42.194 billion dollars in October, the Reserve…
CBN expects $50bn in Foreign reserve by year end
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Monday expressed optimism that the nation’s foreign…
Nigeria’s Foreign Reserve rises to $30bn
LAGOS (Reuters) – Nigeria’s foreign exchange reserves rose $30.69 billion by July 22, up 5.6 per cent from $29.03 billion…