Nigeria’s foreign exchange reserves have climbed to a six-month high of $44.14bn, according to data from the Central Bank of Nigeria on Thursday showed. The... Read More
external reserves
Nigeria’s foreign exchange reserves is at a two-month low of $42.86bn, according to the latest data from the Central Bank of Nigeria. The reserves, which... Read More
IMF Cautions Nigeria on External Reserves Spending due to Unstable Oil Prices
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The International Monetary Fund (IMF) has cautioned Nigerian Financial Authorities on how it spends the country’s foreign exchange reserves due to the unstable prices of crude... Read More
CBN Explains Why External Reserves Can’t be used for Salaries and Infrastructure
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Central Bank of Nigeria (CBN) has said that external reserves cannot be used for salaries and infrastructure because it is only to be used to... Read More
External Reserves Never Reached $67billion – CBN Governor Debunks Ezekwesili Claims
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THE Central Bank of Nigeria (CBN) Governor, Mallam Lamido Sanusi, has said the highest the nation’s external reserves had ever attained was $62 billion during... Read More
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