By Dipo Olowookere For the first time in 2019, the external reserves of Africa’s largest economy, Nigeria, reached $44 billion on Monday, March 25, 2019. Data...
By Modupe Gbadeyanka The external reserves of Africa’s largest economy returned to $42 billion after one month it fell below this present level. Data obtained by...
By Dipo Olowookere Despite the recent rise in the price of crude oil in the global market, the foreign reserves of Nigeria, one of the producers...
By Modupe Gbadeyanka Despite the price of crude oil rising at the global market, the foreign reserves of Nigeria are recording a steady decline in the...
By Dipo Olowookere Latest data from the Central Bank of Nigeria (CBN) has shown that the country’s foreign reserves have depreciated to $46.86 billion. This was...
By Modupe Gbadeyanka The recent decline in the external reserves of Nigeria continued last week, recording a further drop by 0.30 percent. As at Friday, July...
By Dipo Olowookere Last week, the local currency recorded a mixed performance at the different segments of the foreign exchange market (forex). Specifically, the Nigerian Naira...
By Dipo Olowookere The nation’s external reserves are gradually swelling again after shrinking for several days, giving managers of the economy something to worry about. This...
By Dipo Olowookere The nation’s external reserves are gradually swelling again after shrinking for several days, giving managers of the economy something to worry about. This...
By Dipo Olowookere Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has disclosed that the amount now in the nation’s foreign reserves has...