External Reserves Increase By $42bn, Hit 25-month High On Eurobond Inflow
Nigeria’s external reserves have risen to its highest level in 25 months to $42 billion presently due to the inflow of the recent Eurobond issued by the federal government.
Although, the Central Bank of Nigeria’s...
External Reserves Gained $2.4bn In Sept – CBN
The country’s external reserves rose by $2.4bn in September, figures obtained from the Central Bank of Nigeria revealed on Thursday.
According to the CBN, the reserves which stood at $34.02bn as of the end of August rose to...
External Reserves Near $34bn, Gain $500m In One Week
Nigeria’s external reserves rose by $500m in one week to the highest point in more than two months, according to the latest data from the Central Bank of Nigeria.
The reserves, which have been wobbling in recent...
External Reserves Fail To Sustain Momentum After July Rally
Nigeria’s external reserves could be heading toward the mid-July trough as it fail to sustain the momentum it started four weeks ago.
The figures have been on a downtrend since August 11 after what appeared like a...
In Two Weeks, External Reserves Gain $280m
The country’s external reserves have returned to a growth path with a gain of $280m in two weeks, the latest figures from the Central Bank of Nigeria have shown.
Figures obtained from the CBN on Sunday revealed that the...
External Reserves Gain $76.5bn In Seven Days
In a curious twist of fate last week, there was a breather for the falling foreign exchange reserves. The figures gained an average of $76.5bn in seven days.
The gross component gained $83.3 million between July 12 and July...
