In Two Months, External Reserves Fall By $1.4bn
The country’s external reserves fell by $1.4bn in two months, the latest data from the Central Bank of Nigeria showed on Wednesday.
The reserves, which stood at $35.25bn as of April 16, fell to $34.23bn as of May...
Emirates Refunds $1.4bn Unused Tickets
Emirates has returned over 1.4 billion dollars of unused tickets occasioned by the ban in air travel across many countries during the heat of the COVID-19 pandemic from March 2020.
While that amount represents 90 per cent of the airline’s backlog,...
In 2019, Nigeria Lost $1.4bn To Chemical Importation – NARICT
The Director-General, National Research Institute for Chemical Technology (NARICT), Zaria, Prof. Jeffrey Barminas, said that Nigeria lost $1.4bn to importation of chemicals in 2019.
He made the disclosure on Thursday at an interactive session in Abuja...
Japan Now Nigeria’s Third Largest Donor With $1.4bn In 49 Years
The Japanese government has invested $1.4 billion as economic aids and
donor funds in Nigeria between 1966 and 2015 — a period of 49 years, making it Nigeria’s third highest donor country.
A document obtained Thursday...
As Rising Reserves Calm Market, I&E Window Trades $1.4bn
The autonomous foreign exchange (forex) market- Investors and Exporters (I&E) Window hit a daily transactions’ value of $1.4 billion at the weekend, riding on increased confidence over Nigeria’s resurging external reserves.
The development has also seen the...
