Foreign Reserves – Page 2 of 2 – Prime Business Africa

Peter Obi Reveals Why UK Gov't Shutdown His 'Next' Company

Peter Obi Reveals Why Nigeria Must Look Beyond Oil

The Presidential candidate of Labour Party, Peter Obi, said Nigeria must look beyond oil, a week after it was revealed the commodity no longer contributes to the country’s foreign reserves. Nigeria’s oil

Fakoyejo Olalekan

2 years ago

Business·Currency·Insights

6 Reasons Naira Gains, Loses In Black Market

In the second week of November, the naira gained significantly against the United States dollar (USD) in black market after a free fall in last week of October and first week of

Fakoyejo Olalekan

2 years ago

Naira Strengthens To N1,576 As Dollar Supply Rises

Business·Currency

Dollar Rate Rises By N100 In Black Market, As Naira Ends Gain

The naira couldn’t hold on to the gains of last week, as the dollar rate increased by N100 in the black market, representing -17.6 per cent decline in the value of the

Fakoyejo Olalekan

2 years ago

Business·Currency

Nigeria’s Foreign Reserves Drop $2.20 billion, Increases Forex Problem

As at September 29, 2022, Nigeria’s foreign reserves fell to $38.318 billion, further compounding the scarcity of foreign exchange in the country’s official forex market. In the last Monetary Policy Meeting (MPR)

Fakoyejo Olalekan

2 years ago

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Black Market Dollar To Naira Exchange Rate: CBN’s Official Forex Market Increases Cost Of Buying Dollar

July 14, 2022 Dollar Update: The naira to dollar exchange rate increased on Thursday at the Investors and Exporters window, which is the official foreign exchange market recognised by the Central Bank

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar To Naira Exchange Rate: Cost Of Dollar Rises By N4.25, As Foreign Reserves Up $5.83bn

July 5, 2022 Dollar Rate Update: The cost of naira and dollar exchange reversed to their level in December 2021 following a 0.99% decline in the value of the Nigerian currency after

Fakoyejo Olalekan

2 years ago

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Foreign Reserves - Page 2

Peter Obi Reveals Why Nigeria Must Look Beyond Oil

6 Reasons Naira Gains, Loses In Black Market

Dollar Rate Rises By N100 In Black Market, As Naira Ends Gain

Nigeria’s Foreign Reserves Drop $2.20 billion, Increases Forex Problem

Black Market Dollar To Naira Exchange Rate: CBN’s Official Forex Market Increases Cost Of Buying Dollar

Dollar To Naira Exchange Rate: Cost Of Dollar Rises By N4.25, As Foreign Reserves Up $5.83bn

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