Nigeria’s External Reserves’ll Soon Hit $50bn Says Emefiele   The Governor of Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, yesterday, predicted that the nation’s foreign reserves would soon hit $50 billion mark. He made the prediction while speaking at the 25th CBN seminar for Finance...

As the external reserves inched up to $34.3 billion last week, the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has predicted 7 percent increase in its accretion to reach $40 billion next year. According to the banking czar, who made the...

The country’s external reserves increased by 12 per cent within a period of three weeks, it has been learnt. The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, had said the country’s external reserves had hit $28.9bn. This means that the reserves have increased...

The country’s external reserves have hit $26.968bn, nearing the $27bn mark, the latest statistics posted on the Central Bank of Nigeria website have shown. The reserves rose to $26.968bn on January 13 from $26.765bn on January 11, having hit $26.658bn and $26.552bn on January and...

The country’s external reserves rose to $26.55bn on January 9, from $26.2bn on January 6, the latest data from the Central Bank of Nigeria showed. The foreign exchange reserves had hit $26bn on January 3, 2017, up from $25.8bn on December 30, 2017, the CBN...

The nation’s external reserves closed last year with a total balance of $25.84 billion - 30 December - showing a decline of $3.22 billion compared with $29.06 billion it stood as at December 31, 2015. The figure from the Central Bank of Nigeria (CBN) indicates...