CBN’s Frequent Intervention Weigh on Reserves, Drop to $44.8b
Modupe Gbadeyanka By Modupe Gbadeyanka Despite the price of crude oil rising at the global market, the foreign reserves of…
foreign reserves
Why Nigeria’s Foreign Reserves Lost $2b in 2 Months
Dipo Olowookere By Dipo Olowookere For the second consecutive month, Nigeria’s external reserves depreciated, closing at $45.8 billion at the…
Foreign Reserves Shed $216m in One Week to Close at $45.8b
By Modupe Gbadeyanka Last week, the free-fall in the Nigerian external reserves continued, depreciating by $216.2 million to…
Nigeria’s External Reserves Fall to $46.8b
By Dipo Olowookere Latest data from the Central Bank of Nigeria (CBN) has shown that the country’s foreign…
Nigeria’s Foreign Reserves Gain $202m in 4 Days to Hit $47.6b
By Dipo Olowookere The nation’s external reserves are gradually swelling again after shrinking for several days, giving managers…
Nigeria’s Foreign Reserves Gain $202m in 4 Days to Hit $47.6b
By Dipo Olowookere The nation’s external reserves are gradually swelling again after shrinking for several days, giving managers…
Nigeria’s Taxpayer Base Hits 17m as Foreign Reserves Reach $47.93b
By Dipo Olowookere Efforts by the Federal Government to increase the tax base of Nigeria seem to have…
Nigeria’s Foreign Reserves Now $47.4b—CBN Governor
By Dipo Olowookere Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has disclosed that the…
What’s Inside Nigeria’s Foreign Reserves?
By Feyi Fawehinmi It was former president Obasanjo who started this whole business of turning the nation’s foreign…
Nigeria’s External Reserves Hit $34b on Sustained Forex Inflow
By Dipo Olowookere This Monday, the foreign reserves of Nigeria finally hit $34 billion as the prices of…