Nigeria foreign reserves

Nigeria Spends $3bn Monthly On Imports – CBN

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

Victor Ezeja

4 months ago

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

Victor Ezeja

4 months ago

Business·Latest 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

Emmanuel Ochayi

9 months ago

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

Emmanuel Ochayi

10 months ago

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

Fakoyejo Olalekan

2 years ago

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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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