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Capital Outflows Shrink Nigeria’s External Reserves To $41.995bn

Capital Outflows Shrink Nigeria’s External Reserves To $41.995bn   Nigeria’s external reserves fell to $41.995bn at the end of October, representing a decline by $5.793bn or 12.12 per cent, compared with the $47.788bn it was as at the end of June, 2018, data compiled from the...

External Reserves Drop By $1bn In Just 13days

External Reserves Drop By $1bn In Just 13days The nation’s foreign exchange reserves have dropped to a seven-month low, losing $1bn in the 13 days to Monday, latest data from the Central Bank of Nigeria showed on Wednesday. The external reserves, which stood at $44.30bn on...

External Reserves Drop By $1.45bn In A Month

External Reserves Drop By $1.45bn In A Month The nation’s foreign exchange reserves drop by $1.457bn in September, the latest data from the Central Bank of Nigeria showed on Monday. The external reserves, which stood at $45.838bn at the end of August, declined to $44.380bn on...

Nigeria’s External Reserves Drop By $1.2bn In One Month

Nigeria's External Reserves Drop By $1.2bn In One Month The nation’s foreign exchange reserves fell by $1.2bn in one month, latest data from the Central Bank of Nigeria showed. The external reserves, which stood at $47.11bn as of the end of July, declined to $45.83 on...

Falling External Reserves, Capital Outflows Not A Cause For Worry – CBN

Falling External Reserves, Capital Outflows Not A Cause For Worry - CBN The Central Bank of Nigeria has said the recent decline in the nation’s foreign exchange reserves and capital outflows from the country are not a cause for worry. The external reserves, which rose to...

External Reserves Fall By $102m In 6days

External Reserves Fall By $102m In 6days The nation’s foreign exchange reserves have pared some of the gains recorded last month, falling by $102m in the six days to Wednesday. Available data obtained from the Central Bank of Nigeria on Thursday showed that the reserves stood...