Browsing Tag

foreign exchange reserves

Foreign Reserves Cross To $46bn.

By ADEBISI ADEMOLA The nation’s foreign reserves dropped to $46.8 billion on Tuesday as pressure continued to mount on the Central Bank of Nigeria (CBN) foreign exchange buffer. The foreign reserves on April 13, 2018 crossed the $46…

External reserves fall by $169m in six days

The nation’s foreign exchange reserves fell by $169m to $47.436bn on Wednesday, the latest data from the Central Bank of Nigeria showed on Thursday. The reserves, which closed at $47.605bn last month when it recorded its first decline in…