CBN Predicts Stability In FX As External Reserves Hit $43bn The Central Bank of Nigeria (CBN) Thursday said it expected further stability in the foreign exchange market in 2019, banking on the decision of the US Federal Reserve not to hike interest rate in the...

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 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 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 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 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...