HomeTagsExternal Reserves

Tag: External Reserves

External Reserves Increase By $930m In Two Weeks

External Reserves Increase By $930m In Two Weeks         The country’s external reserves rose by $930m from $35.37bn as of December 31, 2020 to $36.30bn as of January 14, 2021. Figures obtained from the Central Bank of Nigeria disclosed on Sunday. The CBN also disclosed that foreign exchange...

External Reserves Rise, End Year At $35.35bn

External Reserves Rise, End Year At $35.35bn       The country’s external reserves rose by $380m from $34.98bn as of December 24 to $35.36bn as of the end of December 2020, according to figures obtained from the Central Bank of Nigeria on Wednesday. According to the figures, the...

External Reserves Shed $567m In Two Weeks

External Reserves Shed $567m In Two Weeks       The nation’s external reserves fell by $567 million in the first two weeks of this month. According to the latest data from the Central Bank of Nigeria (CBN), the reserves dropped to $34.846 billion on Tuesday December 15th from...

In Five Weeks, External Reserves Dip By $269.47m

In Five Weeks, External Reserves Dip By $269.47m         The country’s foreign reserves fell by $269.47m in five weeks, the latest figures obtained from the Central Bank of Nigeria revealed on Monday. The reserves, which stood at $35.656bn as of November 4, fell to $34.925bn on December...

Naira In Mixed Fortunes As External Reserves Drop To 5mths Low

Naira In Mixed Fortunes As External Reserves Drop To 5mths Low       Despite the renewed pressures on the external sector, Naira has appreciated in the Investors & Exporters (I&E) window of the currency market. But this came at the backdrop of a decline in external reserves just...

External Reserves Drop By $35.67bn

External Reserves Drop By $35.67bn         Nigeria’s external reserves, last week, fell for the fourth consecutive week to $35.67 billion even as the naira depreciated to N462 per dollar in the parallel market. Data from the Central Bank of Nigeria (CBN) shows that the reserves fell to...