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Nigeria foreign reserves

Nigeria’s External Reserves Hit Four-Year High Of $41bn

Nigeria’s external reserves have reached a significant milestone, hitting a four-year high of $41.046 billion as of August 20, 2025. This achievement marks the highest level since December 2021 and reflects a notable recovery from the reserves’ depletion in recent years. This

August 22, 2025

Capital Importation: Banking Sector Records Highest Inflow In Q3 2024

Currency·Finance & Economy·News

Nigeria’s Foreign Reserves Hit $35.05bn, Highest Since Tinubu Assumed Office

Nigeria’s foreign reserves on Wednesday, surged to $35.05 billion being the highest since President Bola Tinubu assumed office last year. This is data according to data obtained from the Central Bank of Nigeria (CBN) website. Prime Business Africa reports that the last

July 11, 2024

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Finance & Economy

Nigeria’s External Reserves Rises To $34bn, Highest Since March

Nigeria’s external reserves has surged to $34.07 billion in June. This was revealed in the latest forex reserves data published by the Central Bank of Nigeria (CBN) on its official website. The figure marks the highest level since March 2024. Prime Business

June 28, 2024

Business·News·Top Stories

Nigeria’s Foreign Reserves Forecasted To Plummet To $24bn In 2024 , IMF Warns

The International Monetary Fund (IMF) has sounded the alarm on Nigeria’s financial outlook, predicting a sharp decline in foreign reserves to $24 billion by 2024. In its latest report, the IMF highlighted looming challenges for Africa’s largest economy, citing factors such as

February 13, 2024

CBN Reveals JP Morgan’s Intention After Report On Nigeria’s Foreign Reserves

Business·Finance & Economy

NNPC, Others Now Remit Dollar Revenue To CBN To Boost Nigeria’s Depleting Foreign Reserves

In a move, the Central Bank of Nigeria (CBN) has announced a collaboration with the Nigeria National Petroleum Corporation Limited (NNPCL) and the Ministry of Finance to channel all dollar revenues directly to the CBN. Governor Olayemi Cardoso, speaking at the Nigerian

January 25, 2024

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Insights

Nigeria’s Foreign Reserves Fall By $1.58 billion, To Affect International Investments, Dollar Rate

Nigeria’s foreign reserves dropped by 4.27 per cent in the first quarter of 2023 as foreign capital importation into the country nosedive, Prime Business Africa learnt. This represents a $1.58 billion depletion in the foreign reserves between January to March, as it

April 25, 2023

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Nigeria foreign reserves

Nigeria’s External Reserves Hit Four-Year High Of $41bn

Nigeria’s Foreign Reserves Hit $35.05bn, Highest Since Tinubu Assumed Office

Nigeria’s External Reserves Rises To $34bn, Highest Since March

Nigeria’s Foreign Reserves Forecasted To Plummet To $24bn In 2024 , IMF Warns

NNPC, Others Now Remit Dollar Revenue To CBN To Boost Nigeria’s Depleting Foreign Reserves

Nigeria’s Foreign Reserves Fall By $1.58 billion, To Affect International Investments, Dollar Rate

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