Foreign exchange reserves are assets held on reserve by a central bank in foreign currencies. These reserves are used to back liabilities and influence monetary policy....
The Central Bank of Nigeria says the country’s foreign reserves fell to $35.689bn as of the end of October. The CBN disclosed that the reserves which...
The country’s foreign exchange reserves continued its downward trend as it dropped by $1.64bn from $38.34bn on January 15, 2020 to $36.69bn on February 20, latest...
Nigeria’s external reserves dropped to about $28.2 billion as at Friday January 29th 2016 according to data available on the website of the Central Bank of...
Channels Television is reporting that Nigeria’s Foreign reserve have declined by 3 billion dollars to 39.72 billion dollars in the last 30days. Data from the Central...