Nigeria’s external reserves sustained a downward movement to $39 billion, according to data obtained from the…
Tag: External Reserves
I&E FX Window Attracts Over N50 Billion Investments in Three Years – Emefiele
The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says the investors and exporters (I&E) window…
Agbaje, Rewane Speaks on Economic Outlook for 2022
First Bank of Nigeria Limited, on Thursday, organized a webinar to address Nigeria Economic Outlook for…
5G Networks will Boost Fintech, Mobile Payments in 2022 – Rewane
Bismark Rewane, the Managing Director/Chief Executive Officer of Financial Derivatives Company Limited has stated that fintech…
CBN May Devalue Naira as H2 2022 will be Politics Centered – Rewane Speaks on Eonomic Outlook for 2022
The Chief Executive Officer of Financial Derivatives Company, Mr. Bismarck Rewane, is projecting that the Central…
External Reserves Drop by $18 Million in Two Weeks
The country’s external reserves lost $180m in two weeks, the latest figures obtained from the Central…
Nigeria’s External Reserves Falls to $33.4 Billion in Three Days
Nigeria’s external reserves have dropped to $33.4 billion on June 28 against the $33.5 billion balance…
CBN Injects $1.47 Billion into Foreign Exchange Market in One Month
The Central Bank of Nigeria injected $1.47bn into the foreign exchange segment of the market as…
Diaspora Remittances Rise to $30 Million Weekly – CBN Governor
The Central Bank Governor (CBN), Godwin Emefiele, has said that weekly diaspora remittances rose from $5m…
COVID-19 Will Worsen Nigeria’s Debt, Says NESG
With declining revenue, Nigeria’s debt position will be worsened as the government is set to embark…