Tag: Foreign Reserves
CBN celebrates milestone as foreign reserves jump to $46.8bn
According to the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, this is the highest level the country…
CBN Data: Nigeria’s foreign reserves rise by $200m in 30 days to hit $37.94bn
Momentum picked up significantly on July 11, when reserves climbed to $37.43 billion. The sharpest increase came on July 14,…
Nigeria’s dollar reserves plunge despite $77 oil price
Nigeria's dollar reserves keep going down south, despite the increase in the international price of crude, CBN data shows
Emefiele says ‘no cause for alarm’ over drop in foreign reserves
Mr Godwin Emefiele, the Governor Central Bank of Nigeria (CBN) says there is no cause for alarm in the imaginary…
Finance Minister unveils scorecard as foreign reserves hit $44.69bn
The Minister of Finance, Zainab Shamsuna Ahmed, has unveiled the achievements of her ministry as the clock ticks for her…
Nigeria foreign reserves hits $40.4 billion
Nigeria’s foreign reserves reached $40.4 billion as of Jan. 5, an increase of roughly $1 billion from December, the Central…
Buhari: Elite colluded with foreign firms to deplete foreign reserves
Nigeria's President, Muhammadu Buhari has accused Nigerian elite of colluding with foreign firms to deplete the nation's foreign reserves at…
Nigeria’s foreign reserves drop to $30.04bn – CBN
The Central Bank of Nigeria (CBN) said that the nation’s foreign reserves fell to 30.04 billion dollars as at November…
Nigeria’s foreign reserves crash by $1billion
The Central Bank of Nigeria has revealed in its data for the month of September that there has been a…
Nigeria’s foreign reserves down by 20 per cent
Nigeria’s foreign exchange reserves fell to $34.38 billion by January 28, down 20.3 per cent from $43.16 billion a year…
Nigeria’s foreign reserves hit $34.49 bn
The Central Bank of Nigeria (CBN) on Wednesday pegged the nation’s foreign exchange reserves at 34.49 billion dollars (N5.74 trillion)…