Tag: Foreign Reserves
External reserves drop by $1.37b in first half 2022
Nigeria’s external reserves gained $671.6 million or 1.74 per cent to close in June at $39.15 billion.
The positive growth in the month could not...
Nigeria’s foreign liabilities hit $85.21bn net – IMF
The International Monetary Fund has said that as of December 2020, Nigeria’s foreign liabilities stood at $187.36bn while the country’s foreign assets amounted to...
Foreign portfolio investments dropped by 77.4% in Q1 – CBN
Data from the Central Bank of Nigeria on foreign investments have shown a 77.4% year-on-year decline in the first quarter of 2021 to stand...
Nigeria’s external reserves gain $1.79 to close at 34.977 billion
Nigeria’s external reserve on Thursday gained $1.79 million to close at $34.977 billion which makes it the highest external reserve position recorded in over...
Nigeria’s external reserve increases for 5th consecutive day
Nigeria’s external reserve increased by 0.09% on Thursday 25, March 2021 to stand at $34.65 billion.
This represents the fifth consecutive day increase, gaining a...