foreign reserves

Dollar can’t exchange for N400 – Moghalu

A former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has rubbished the optimism in some...

Drop in foreign reserves widens by $1.22bn in March – CBN

THE steep drop being witnessed in gross foreign reserves since the beginning of the year has widened by $1.22...
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Nigeria’s foreign exchange reserves would fall to $23.3bn by end of 2020 – Fitch Ratings

FITCH a global credit rating agency has stated that Nigeria's foreign exchange reserves would fall to $23.3bn by the...

Nigeria’s foreign reserves dips further to $33.44 billion in four months

The Nigerian foreign reserves has dropped from $38.53 billion to $33.44 billion in nearly four months, Central Bank of...
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COVID-19: Nigeria’s total exports of crude oil in 2020 could reduce by $19b— ECA

THE Executive Secretary of the Economic Commission for Africa (ECA), Vera Songwe said the COVID-19 outbreak could reduce Nigeria’s...

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