Forex Scarcity May Worsen As Significant Portion Of Nigeria’s $33bn Reserves…
The foreign exchange crisis currently being experienced in the Nigerian economy may linger for a longer time than…
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Browsing Tag
Foreign Reserves
Nigeria’s Forex Reserves Drop To 12-Month Low Of $37.8bn
Foreign currency reserves in Nigeria hit a one-year low of $37.8bn in the middle of October.
The reserves…
Nigeria’s Foreign Reserves Drops By $203.9m In August
Pressure on the Nigerian foreign exchange reserves has forced it to shed $203.9m in August, despite crude prices…
Former CBN Deputy Governor, Moghalu Blames Emefiele For Nigeria’s Forex Crisis
…Says CBN Under Emefiele Political, No Longer Independent
A former Deputy Governor of the Central Bank of…
Despite CBN’s Aggressive Forex Policy, Reserves Drops By $80.25m In July
Nigeria's foreign reserves depreciated by $80.25m in one month despite oil boom and the Central Bank's aggressive…
DMO Replies CBN’s MPC Member, Says $15.9bn Eurobond Won’t Push Nigeria Into Debt…
The Debt Management Office has accused a member of the Monetary Policy Committee of the Central Bank of Nigeria of…
Expert Urges CBN To Clear Foreign Exchange Backlogs As Naira Exchanges At N620/$1
The scarcity of foreign exchange is causing a huge demand at the unofficial market where it is currently trading…
Nigeria Not Delisted From JP Morgan Bond Index– Emefiele
The Central Bank of Nigeria has said that the country's sovereign debt has not been delisted from the JP Morgan…
Nigeria’s Foreign Reserves Extends Dip To $1.2bn As Naira Near N600 At Black…
Nigeria's foreign reserves have extended its loss to $1.2bn since December 31, 2021, an analysis of data from the…
Nigeria’s Foreign Reserves Drop By $400m As Naira Depreciates Further
Nigeria's foreign reserves shed $400m in January according to data from the Central Bank of Nigeria.
The…