Nigeria’s rising foreign debt exposure reached US$90.2 billion in 2025 as increased foreign investments in government debt securities widened the country’s net foreign liability position, according...
Diaspora Remittances have emerged as a key pillar of Nigeria’s foreign exchange strategy, with the Central Bank of Nigeria (CBN) targeting monthly inflows of $1 billion...
Reserves May crash below $38 Billion mark – Analyst As pressure continued to mount on the Nigeria’s external reserves, the country’s hard currency vault depleted by...
As reserves loses grip on $40bn mark Analysts have expressed worries over depleting external reserves of the Central Bank of Nigeria as they warn of...
CBN bets on $41.4bn reserves for imports, foreign investments attraction Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) has expressed confidence in the country’s...
External reserves depletes by $180m in two weeks The Central Bank of the Nigeria (CBN) has revealed that the country’s external reserves lost $180...
Despite ongoing Naira-4-Dollar Scheme, external reserves dropped to $34.24bn in May Nigeria’s external reserves lost $640 million in May, falling to $34.24 billion on May...
External reserves drop by $523m in two weeks Nigeria’s external reserves dropped by $523m to $34.475bn as of March 16 from $34.998bn as of March...
External reserves shed $565m in 14 days The country’s external reserves dipped by $565 million from $36.198 billion as of February 1, to $35.633...
External reserves rise by $930m in two weeks The country’s external reserves rose by $930 million from $35.37 billion as of December 31, 2020 to...
CBN’s forex reserves inch up to $35.4bn The nation’s external reserves rose to $35.4billion as at December 30 from $34.98 billion recorded as at December...