External Reserves Sheds $337m In Two Weeks Nigeria’s external reserves fell by $337 million in the first two weeks of August, maintaining its declining trend since the middle of last month. Data from the Central Bank of Nigeria showed that the external reserves fell to $38.882...

External Reserves Increased By $45.3m In July   Nigeria’s external reserves added $45.3million in July, according to movement in reserves data released by the Central Bank of Nigeria (CBN). The foreign exchange buffer as of July 28, 2022, moved to $39.22billion from $39.17billion it commenced the month...

Banks Tighten Forex Access As External Reserves Hit Seven-month Low   The country’s external reserves hit a seven-month low after falling to $38.57bn as of May 25, 2022, figures obtained from the Central Bank of Nigeria have revealed. Findings have shown that the continuous decline in the...

In Eight Days, External Reserves Drop By $196m   Nigeria’s external reserves drop by $196m in eight days to $39.62bn as of April 28, according to figures obtained from the Central Bank of Nigeria. The CBN revealed that the reserves, which had earlier gained $243.83m in 19...

External Reserves Slides To Four Months Low At $39.98bn   The external reserves have fallen below the $40bn mark to the lowest point in over three months, figures from the Central Bank of Nigeria have revealed. The reserves dropped to $39.82bn on February 2, 2022 from $40.53bn...

External Reserves Gained $5.12bn In 2021 On Eurobond Debt, IMF Fund, Others   The country’s external reserves rose by $5.12bn in 2021, according to the data obtained from the Central Bank of Nigeria. The CBN revealed that the reserves, which ended December 2020 at $35.37bn, rose to...