CBN, External Reserves Hit $43.2bn   The nation’s external reserves hit $43.2bn on March 6, 2018, data obtained from the Central Bank of Nigeria showed on Wednesday. The foreign exchange reserves had recorded a four-year high at $42.76bn on March 2, after commencing this year at $38.77bn. The...

Nigeria’s External Reserves hit $40.4 Billion …As CBN injects $210 m into interbank market As projected by the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele at the Annual Bankers’ Dinner of the Chartered Institute of Bankers (CIBN) in Lagos last November, the nation’s External...

The nation’s foreign exchange reserves have risen to over three-month high of $25bn, according to data on the website of the Central Bank of Nigeria. Specifically, the statistics showed that the external reserves rose to $25.2bn on December 19. The last time the reserves recorded this...

The country’s external reserves have depleted further to a record-low of $24.8bn, according to the latest data posted on the Central Bank of Nigeria’s website. The foreign exchange reserves fell by $600m in two weeks before shedding $1bn in four weeks, the CBN statistics showed. Specifically,...

The nation’s foreign exchange reserves have increased by $595m to hit a one-month high of $26.196bn, the latest data from the Central Bank of Nigeria have shown. This came on Monday just as the naira traded around 412- 413 against the United States dollar at...

The nation’s external reserves fell marginally to $26.20bn on July 28, down from $26.32 on July 22, data from the Central Bank of Nigeria’s website showed on Monday. Month-on-month, the reserves fell by 0.4 per cent from the $26.34bn recorded on June 29, the report...