Tags Foreign reserve

Tag: Foreign reserve

Net Forex Inflow Rose to $2.77bn July, says CBN

The net foreign exchange inflow into the Nigerian economy rose slightly to $2.77bn in July from $2.27bn in June, the Central Bank...

External Reserves Shed $205m On Back Of Lower Crude Prices

The country’s external reserves lost $207.7 million in the first two weeks of this month as a result of decline in crude...

Reserves Dip To 44-Month Low As Naira Weakens

After appreciating last week to N490 to the dollar at the parallel market, the value of the naira returned to the N500...

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...

Foreign Reserves Depreciated By $790m

Nigeria’s foreign exchange reserves have depreciated by $790 million despite the rise in crude oil prices. The foreign reserves...

External Reserves Dips By $52m in Two Weeks

According to recent figures on the Central Bank of Nigeria’s (CBN) website, on March 1, 2021 the external reserve was $34,998,144,389 but...

External Reserves Drop by $523m in Two Weeks

Nigeria’s external reserves dropped by $523m to $34.475bn as of March 16 from $34.998bn as of March 1, figures from the Central...

Foreign Exchange Inflow Rises To $23.60bn

Aggregate foreign exchange inflow into the country in the fourth quarter of 2020 rose to $23.60bn from $21.46bn in the third quarter,...

External Reserves Down By $565m In Two Weeks

The country’s external reserves dipped by $565m from $36.198bn as of February 1, to $35.633bn as of February 15, latest figures from...

Foreign Reserves Adequate For Seven Months Imports — CBN

The Central Bank of Nigeria, CBN, has indicated that the country’s foreign exchange reserves at current level of about USD35 billion would...

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