Tag Archives: reserves

The country’s external reserves fell by $1.46bn between January and March, figures obtained from the Central Bank of Nigeria have revealed. The reserves ended February 27, 2023 at $36.67bn. Figures obtained from the CBN’s data on movement of external reserves on Sunday showed that the reserves, which stood at $36.99bn as of the end of January, 1, 2023, fell to ...

Official forex reserves status data report obtained from the Central Bank of Nigeria (CBN) indicated that forex reserves declined by $163.67 million last week. It capped a 10-week consecutive fall. The data showed that forex reserves depleted from $37.211 billion by January 16, 2023, to $35.78 billion at the weekend. Sponsored LinksYou May Like The Most Popular Volvo Vehicles In ...

Nigeria’s foreign reserve crossed the $40 billion mark on 18th October 2021, after gaining $566.45 million on Monday to close at $40.39 billion. This is according to data obtained from the Central Bank of Nigeria (CBN). The nation’s foreign reserve grew by 1.42% on Monday from $39.82 billion recorded in the previous day. The recent gains in the country’s reserve ...

Nigeria’s external reserves have gone down by $522,525,964 in 16 days. According to recent figures on the Central Bank of Nigeria’s (CBN) website on the 1st of March, 2021 the external reserve was $34,998,144,389 but by March 16, it had shrunk to $34,475,618,425. Since January 25, 2021 when the reserve stood at $36,469,940,426.08, it has been on a steady decline ...