External reserves Archives

CBN, others to review 2.9tTn tax credit scheme

How external reserves fell by $3bn in six months – CBN

Information acquired from the Central Bank of Nigeria has revealed that Nigeria’s external reserves declined by $2.85 billion in the first half of 2023 due to external debt financing, among other issues. The Punch reported that CBN said that as of the end of June 26, 2023, the foreign reserves, which started out at $37.07 billion in […]

bfatoyepdnlimited-com
30th June 2023
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Economy

Nigeria’s external reserves hit $136m in two weeks – CBN

The Central Bank of Nigeria have said the country’s external reserves rose by $136m in two weeks. The CBN disclosed this on Thursday, in its figures on movement on external reserves that the reserves which stood at $37.07bn as of January 3, 2023 rose to $37.2bn as of the end of January 18, 2023. […]

aadelekepdnlimited-com
20th January 2023
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212 Views

Economy

Why Nigeria’s foreign reserves lost $2.2bn – CBN

The Central Bank of Nigeria has explained reasons why Nigeria’s foreign reserves lost $2.22 billion in a sustained demand pressure in the foreign exchange market. In its Financial Stability Report, CBN showed that the reserves fell to $36.96 billion in the second week of December, from August closing figure of $39.18 billion. According […]

aadelekepdnlimited-com
22nd December 2022
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373 Views

Economy

External reserves get $679.12m boost in one month

Figures obtained from the Central Bank of Nigeria have revealed that the country’s external reserves returned to a growth path after gaining $679.12m in June. According to The PUNCH, the figures showed that the reserves, which stood at $38.48bn as of June 2, 2022, rose to $39.16bn as of the end of June 30, 2022. […]

agencyreport
8th July 2022
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416 Views

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Tag: External reserves

How external reserves fell by $3bn in six months – CBN

Nigeria’s external reserves hit $136m in two weeks – CBN

Why Nigeria’s foreign reserves lost $2.2bn – CBN

External reserves get $679.12m boost in one month

AI could endanger humanity within a decade –.

FG to give students free daily 100MB from.

Investors lose N1.67trn as 45 stocks decline on.

I apologised, lady arrested over fake OPay post.

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