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Forex reserves

FEATURED Latest Money TOP STORIES 

Dollar scarcity deepens as Nigeria’s forex reserves hit seven-month low

May 28, 2022May 28, 2022 Markets Reporters 0 Comments CBN, dollar scarcity in Nigeria, Forex reserves

The shortage of dollars in Africa’s biggest economy is worsening as its foreign exchange reserves have dropped to a seven-month

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex reserves gain $404m in 13 days

April 1, 2021April 1, 2021 Markets Reporters 0 Comments CBN, Forex reserves

Nigeria’s foreign exchange reserves rose by $404 million in the last 13 days of March to close the month at

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex reserves end falling streak after nearing one-year low

March 26, 2021March 26, 2021 Markets Reporters 1 Comment Forex reserves

Nigeria’s foreign exchange reserves have ended a falling streak that brought the reserves near a one-year low despite a significant

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex reserves may fall to $33bn – Rewane’s FDC

March 19, 2021March 19, 2021 Markets Reporters 0 Comments Bismarck Rewane, Financial Derivatives Company, Forex reserves

Nigeria’s foreign exchange reserves may fall to $33 billion in the coming month despite higher crude oil prices, Financial Derivatives

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex reserves plunge to 11-month low

March 10, 2021March 11, 2021 Markets Reporters 0 Comments CBN, External reserves in Nigeria, Forex reserves

Nigeria’s foreign exchange reserves have plummeted to the lowest level in 11 months despite the sharp rise in the price

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FEATURED Latest Money TOP STORIES 

Nigeria’s forex reserves fall below $35bn despite oil rally

March 6, 2021March 6, 2021 Markets Reporters 0 Comments CBN, Forex reserves, Oil rally

Nigeria’s foreign exchange reserves have fallen below $35 billion to the lowest point in more than two months, despite the

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FEATURED Latest Money TOP STORIES 

Naira sinks at I&E window as forex reserves shed $1.1bn

March 2, 2021March 2, 2021 Markets Reporters 0 Comments Forex reserves, I&E window, naira, Nigerian currency

The Nigerian currency weakened further against the dollar at the investors’ and exporters’ window on Tuesday as the country’s foreign

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex reserves fall to near two-month low

February 23, 2021February 23, 2021 Markets Reporters 0 Comments CBN, Forex reserves

Nigeria’s foreign exchange reserves have declined to $35.47 billion, the lowest level in nearly two months. The reserves have fallen

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex reserves down $570m to $35.63bn despite oil rally

February 16, 2021February 16, 2021 Markets Reporters 0 Comments CBN, Forex reserves, Oil rally

The foreign exchange reserves of Nigeria, Africa’s biggest oil producer, fell by $570 million in the first 15 days of

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Energy FEATURED Latest TOP STORIES 

Nigeria’s forex reserves fall below $36bn despite oil rally

February 12, 2021February 12, 2021 Markets Reporters 0 Comments CBN, Forex reserves, Oil rally

Nigeria’s foreign exchange reserves have declined below $36 billion to the lowest level since Jan. 8, 2021 despite the recent

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