Home External Reserves

External Reserves

8 News
Economy

External Reserves Hit Six-Year High on Forex Inflows

Nigeria’s gross external reserves have surged to $42 billion, marking their highest level in six years and boosting hopes of improved economic stability....

Capital Inflow, Net Inflow
News

Nigeria’s Forex Inflows Dip Amidst Shifting Dynamics and Naira Stability

New data released by the Central Bank of Nigeria (CBN) reveals a slight downturn in net foreign exchange inflows into the Nigerian economy,...

FinanceNews

Nigeria’s External Reserves Hit $47.93bn

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Sunday revealed that the country’s foreign reserves has hit US$47.93 billion. The...

FinanceNews

Nigeria’s External Reserves Hit $43.2bn

The Central Bank of Nigeria (CBN) on Wednesday said the nation’s external reserves has hit $43.2bn on March 6, 2018. The foreign exchange...

News

Nigeria’s External Reserves Hit $40.4bn for the First Time In Four Years

The Central Bank of Nigeria (CBN) says the country’s external reserves have climbed to a new height of $40.4bn for the first time...

News

Nigeria’s External Reserves Has Risen By $109m In 12 Days – CBN

The Central Bank of Nigeria (CBN) has stated that the external reserves of the country has continued to rise, growing by $109.66 million...

FinanceNews

Nigeria’s External Reserves Hit N26.5bn

Nigeria’s external reserves hit $26.55bn on January 9, from $26.2bn on January 6 as crude oil price and output increases. Nigeria’s Finance Minister,...

News

Nigeria’s External Reserves Rise to $27.8bn

For only the second time since President Muhammadu Buhari took office, the Central Bank of Nigeria (CBN) has recorded fresh rise of foreign...