Foreign Reserves
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Naira Strengthens as CBN’s Dollar Injections Surge, Offering Fleeting Relief
In a notable shift, the Nigerian naira experienced a welcome, albeit potentially temporary, appreciation in the official foreign exchange (FX) market on Monday....
FinanceNews
Nigeria’s Foreign Reserves Hit $42.8bn – CBN
Nigeria’s foreign reserves has been steadily rising and is now at $42.8bn, the Central Bank of Nigeria (CBN) reports. The disclosure was made...
FinanceNews
Nigeria’s Foreign Reserves Rise to $36bn
Nigeria’s foreign reserves climbed $36.9 billion as at Thursday, December 14, 2017, records from the Central Bank of Nigeria (CBN) have shown. Nigeria’s...
FinanceNews
Nigeria to Include China’s Yuan In Its Foreign Reserves
Africa’s biggest economy Nigeria agreed Tuesday to include China’s yuan currency in its foreign reserves as Beijing seeks closer ties and greater political...