foreign reserves

Foreign reserves hit $42.8bn as naira appreciates to N1,455/$

Foreign reserves hit $42.8bn as naira appreciates to N1,455/$ The Naira continued its upward trajectory this week, closing stronger at…

4 months ago

Naira rallies to N1,455/$; reserves hit $43bn

Naira rallies to N1,455/$; reserves hit $43bn The positive rally of the local currency against the dollar continued yesterday with the…

4 months ago

Nigeria’s foreign reserves in marginal increase, now $40.88bn

Nigeria's foreign reserves in marginal increase, now $40.88bn   Nigeria's foreign reserves rose to $40.88 billion as of November 21,…

1 year ago

Nigeria’s foreign reserves rise to $39bn

Nigeria’s foreign reserves rise to $39bn The Governor of Central Bank of Nigeria, CBN, Olayemi Cardoso, said yesterday that the…

1 year ago

Naira rallies to N1,482/$ on rising foreign reserves

Naira rallies to N1,482/$ on rising foreign reserves The naira rallied to a recovery at the weekend on the back of…

2 years ago

Naira loses N81 to dollar in one day

Naira loses N81 to dollar in one day The naira lost N81.34 against the US dollar at the foreign exchange…

2 years ago

FAAC shares N900bn of N1.9tn revenue, N1tn for foreign reserves

FAAC shares N900bn of N1.9tn revenue, N1tn for foreign reserves  The 36 state governors have endorsed the proposal of the…

3 years ago

Naira gains big over dollar at exporters window

Naira gains big over dollar at exporters window  The dollar and naira exchange rate closed at N741.5/$1 at the official…

3 years ago

Oil price raises Nigeria’s external reserves to $34.8bn

Nigeria’s external reserves rose by $404 million to $34.820 billion as of March 31, 2021. This, according to figures from…

5 years ago