Browse Tag

External Reserves

How Nigeria's FX Reserves Dropped By $1.3bn– Report

Nigeria’s External Reserves Hit $37.31 Billion As Naira Weakens

Nigeria’s external reserves have risen to $37.31 billion, marking a 22-month high, yet the naira continues to weaken, showing no signs of recovery. External Reserves Reach 22-Month High Nigeria’s external reserves, the country’s stock of foreign currency, reached $37.31 billion on September

September 23, 2024

Godwin Emefiele

CBN’s Move To Defend Naira Against Dollar Affects External Reserves, Drops $337 million In Two Weeks

The Central Bank of Nigeria (CBN) has taken foreign exchange out of the external reserves to defend the naira against the dollar, resulting to the reserves depleting by $337 million. According to data from the central bank, it was gathered that the

August 16, 2022

CBN Denies Discriminating Against People With Physical Disabilities Seeking Job

External Reserves Return To Growth Path, Rise By $243.83m In 19 Days

Figures obtained from the Central Bank of Nigeria have claimed that the country’s external reserves rose by $243.83m in 19 days. The CBN made this known in its data on movement in reserves that the value rose from $39.54bn as of April

April 21, 2022

CBN

External Reserves Fall Below $40bn, Lowest In Three Months

The external reserves, according to the Central Bank of Nigeria (CBN), have fallen below the $40bn, making it the lowest point in over three months. Recall, reserves dropped to $39.82bn on February 2, 2022, from $40.53bn as of December 30, 2021. Prime

February 7, 2022

CBN

News·Oil & Gas

Nigeria’s External Reserves Decline By $180m In Two Weeks

Nigeria’s external reserves lost $180m in two weeks, the latest figures from the Central Bank of Nigeria indicates. The figure which stood at $33.28bn on July 1, has dropped to $33.09bn as at July 12 before a slight rise to $33.1 bn

July 19, 2021

Market Analysis: Nigeria’s Q2 Growth Numbers In View

Sector details from today's GDP, especially the balance between services

NGX stock market. Photo credit: TheCable

Nigeria’s Stock Market Sustains Bullish Run, UBA, Zenith, FBN Lead Gainers

The Nigerian All-Share Index edged higher on Thursday, holding above

Naira Rises To N1,500/$ At Official Market

Naira Rises To N1,500/$ At Official Market

The Nigerian naira has appreciated against the U.S. Dollar for

Bitcoins

Bitcoin Steady Above USD 114,000 as Markets Await CPI Release

The PPI fell 0.1% in August, its first drop in

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