Foreign capital importation

Dollar Rate Increases After $1.58 billion Drop In Foreign Reserves

At the end of trading in the foreign exchange (forex) official market on Wednesday, 3 May, the Naira slumped to the Dollar, as the forex rate closed at ₦463/$1. The Naira failed

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

KPMG Makes Naira Projection After Foreign Capital Importation Drops To $1.06 billion

KPMG Nigeria has stated that Naira faces further devaluation, as foreign investors reduce their investment interests in Nigeria, the largest economy in Africa. In the fourth quarter (Q4) of 2022, foreign capital

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Dollar Rate Increases After $1.58 billion Drop In Foreign Reserves

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

KPMG Makes Naira Projection After Foreign Capital Importation Drops To $1.06 billion

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