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Tag: $1.32 Billion

Oil Imports Gulped $1.32bn In 2020 – CBN

Oil Imports Gulped $1.32bn In 2020 - CBN       The quantity of foreign exchange used for oil imports in 2020 was $1.32bn, compared to $2.10bn in 2019, the latest data from the Central Bank of Nigeria have shown. The CBN’s data on sectoral utilisation for transactions valid...

In January, Nigeria’s Portfolio Inflows Rise To $1.32bn

In January, Nigeria’s Portfolio Inflows Rise To $1.32bn   Nigeria recorded significant increase in capital importation via foreign portfolio investors (FPI) in the investors’ and exporters’ forex window (I&E window) in January 2019, the FSDH Merchant Bank Limited has revealed. In fact, FPI contribution in January stood...