Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the recovery of the naira has little or nothing to do with the country’s foreign reserves decline. Cardoso spoke
Tag "Foreign Reserves"
Nigeria’s foreign reserves fell to $32.29 billion on April 15 — the lowest level in over six years. According to the latest data from the Central Bank of Nigeria (CBN),
Nigeria’s foreign exchange reserves dropped to $33.23 billion at the end of the third quarter (Q3) of 2023, according to data obtained from the Central Bank of Nigeria (CBN). The
Wale Edun, the minister of finance, has linked the continued decline in the value of the naira to overdue forward payments of $6.8 billion, Bloomberg is reporting. Forward payment in
The Central Bank of Nigeria (CBN) says Nigeria’s foreign exchange reserves rose from $34.94 billion in November 2020 to $36.23
The Central Bank of Nigeria (CBN) says Nigeria’s foreign reserves will drop below $34.3 billion by the end of December
The naira started Wednesday’s trading day 6.2 percent lower against the dollar at N385 on the official market, Reuters is
The country’s foreign reserves lost an average of $43,604,660 daily between October 2 and October 30. Data made available by
The Nigerian foreign reserve, in 2019, has recorded the highest opening in six years! According to the latest figures from the
The Central Bank of Nigeria (CBN) says there is no cause for alarm over the country’s dwindling foreign reserves. Speaking
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