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CBN Projects Huge Decline In Foreign Reserves

CBN Projects Huge Decline In Foreign Reserves       Amidst continued pressures on the external sector of the economy, the Central Bank of Nigeria (CBN) has projected a major fall in the country’s foreign reserves to $29.9 billion by the end of 2020 citing decline in oil...

Foreign Reserves Rise By $140.9m, Hits $35.81bn

Foreign Reserves Rise By $140.9m, Hits $35.81bn       The country’s foreign reserves rose by $140.9m from $35.67bn as of September 1 to $35.81bn as of September 17, the latest figures from the Central Bank of Nigeria have shown. The reserves rose by $65m from $35.59bn as of...

Foreign Reserves Rise By $70m In One Week

Foreign Reserves Rise By $70m In One Week     The country’s foreign reserves rose by $70m from $35.59bn as of August 20 to $35.66bn on August 27, the latest figures from the Central Bank of Nigeria have shown. The reserves had earlier dropped by $278.91m from $35.87bn...

Foreign Reserves Drop By $544.94m In Six Weeks

Foreign Reserves Drop By $544.94m In Six Weeks       The country’s foreign reserves fell by $544.94m from $36.17bn on July 1 to $35.62bn on August 13, the latest figures from the Central Bank of Nigeria have shown. The CBN had said during the last Monetary Policy Committee...

Foreign Reserves Drop To $36.12bn – CBN

Foreign Reserves Drop To $36.12bn - CBN   The country’s foreign reserves fell by $454.05m from $36.57bn on June 1 to $36.12bn on July 15, the latest figures from the Central Bank of Nigeria showed on Thursday. The CBN, in its February monthly report, entitled ‘Gross external...

Foreign Reserves Drop By $373.23m In June – CBN

Foreign Reserves Drop By $373.23m In June – CBN     The country’s foreign reserves fell by $373.23m from $36.57bn on June 1 to $36.2bn on June 29, latest figures from the Central Bank of Nigeria revealed on Thursday. According to the CBN, the reserves maintained a steady...