Foreign Reserves Dropped By $4.47bn In 2019 – CBN   Nigeria’s external reserves recorded a decline of $4.47bn from $42.54bn as of the beginning of 2019 to $38.07bn as of the end of December. The $4.47bn, according to data obtained from the Central Bank of Nigeria, represents...

In 2 Weeks, Foreign Reserves Gain $53.641m The nation’s foreign reserves rose by $53.641m from $45.046bn on July 1 to $45.099bn as of July 15, the latest figures from the Central Bank of Nigeria have revealed. Records revealed that the reserves, which had suffered significant declines...

Experts Express Optimism On Nigeria’s Economy   Some financial experts, on Tuesday, say the Nigerian economy is faring well despite the drop in the foreign reserve, attributing this to some economic policy failures. The experts made this observation in separate interviews with the News Agency of Nigeria...

Nigeria’s Foreign Reserve Hits $47bn Says President Buhari   President Muhammadu Buhari yesterday said the country`s foreign reserve has risen to $47 billion as at April 9, 2018 up from $29.6 billion in May 2015. He made this disclosure at the 17th National Productivity Day and Conferment...

Nigeria’s Foreign Reserves Hit $46 Billion   Nigeria’s Foreign Reserves are steadily heading towards the $50 billion mark, berthing at $46 billion as at the close of business on Friday, March 9, 2018. Figures obtained from the Central Bank of Nigeria (CBN) at the weekend indicate that...

2017 Capital Inflows Of $12bn Reason For Foreign Reserve Increase- Udoma ….. As Buhari To inaugurate ERGP Focus Labs   The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, said the 2017 capital infows of about $12 billion was responsible in the build up to...