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External Reserves Rise Further, Now $25.4bn

The nation’s foreign exchange reserves have risen further to $25.4bn, according to the latest data obtained from the website of the Central Bank of Nigeria. In less than one week, the reserves rose by almost $300m from $25.084bn recorded on December 16, 2016 to $25.361...

External Reserves Hit Three-month High, Near $25bn

The nation’s foreign exchange reserves have risen to a three-month high of $24.97bn from a low of $23.89bn on October 19, the latest data from the Central Bank of Nigeria has shown. The reserves have dropped by 15.9 per cent from last year when they...

External Reserves Drop to $26.33bn

The nation’s external reserves fell marginally to $26.33bn on June 29, down 0.30 per cent from a month ago, the Central Bank of Nigeria data showed. The foreign exchange reserves stood at $26.42bn on May 27, down by 9.2 per cent year-to-year. The reserves had stood...