External Reserves Decline By $180m In Two Weeks
The country’s external reserves lost $180m in two weeks, the latest figures obtained from the Central Bank of Nigeria showed on Sunday.
According to the figures, the reserves, which stood at $33.28bn on July 1, dropped to $33.09bn...
In Just Three Days, Nigeria's External Reserves Drop By Over $100m
Nigeria’s external reserves fell by $100 million in three days, from June 26 to June 28, as the figures continued to witness historic depletion.
According to data sourced from the Central Bank of Nigeria (CBN),...
Import Crisis Looms As External Reserves Hit 13-month Low
Nigeria’s economy could be leaning against the wind as the country’s external reserves fell to a 13-month low last week, tumbling quickly to $30 billion, the level it was between 2015 and 2017.
Last Thursday, the figure...
In Two Months, External Reserves Fall By $1.4bn
The country’s external reserves fell by $1.4bn in two months, the latest data from the Central Bank of Nigeria showed on Wednesday.
The reserves, which stood at $35.25bn as of April 16, fell to $34.23bn as of May...
External Reserves Declined By $640m In May – CBN
The country’s external reserves lost $640m in May, falling to $34.24bn on May 28 from $34.88bn as of April 28.
Figures obtained from the Central Bank of Nigeria on Tuesday revealed that the reserves had been fluctuating...
'Foreign Investors’ Trapped $2bn Dragging Down External Reserves'
The clearing of foreign portfolio investors’ funds that have been trapped in Nigeria for months on the back of foreign exchange scarcity is putting downward pressure on the country’s external reserves.
The International Monetary Fund had in February...
