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Nigeria’s Foreign Exchange Reserves Drop $832m in Just Two Weeks

Nigeria's Foreign Exchange Reserves Drop $832m in Just Two Weeks   Nigeria's foreign exchange reserves experienced a substantial decrease in the first three weeks of January, plummeting by $832.62 million from January 6 to January 21. This sharp decline underscores the ongoing challenges in Nigeria's foreign...

External reserves drop to $26.42bn

Nigeria’s external reserves fell by 2.65 per cent to $26.42bn on May 27, the Central Bank of Nigeria statistics has shown. The reserves stood at $27.15bn a month ago. The foreign exchange reserves have dropped by over 10 per cent from last year when they were...