Nigeria’s economic recovery is gaining traction, with the Central Bank of Nigeria (CBN) reporting that the country’s external foreign-exchange reserves […]
Continue readingTag Archives: Foreign Reserves
Naira Strengthens Across Official, Black Markets As Reserves Climb
The naira appreciated strongly on Monday at both the official and parallel foreign exchange markets, opening the new week on […]
Continue readingNigeria’s FX Reserves Gain $364 Million In Two Weeks, First Steady Climb Since January Peak
Nigeria’s external reserves have recorded a sustained rebound for the first time in 2025, rising by $364 million between April […]
Continue readingNigeria’s Net Reserve Hits $23bn, Highest In Over Three Years — CBN
Nigeria’s Net Foreign Exchange Reserve (NFER) as of the end of 2024 stood at $23.11 billion, the highest level in […]
Continue readingNigeria’s Foreign Reserves Rose To $39 Billion In October – Cardoso
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the country’s foreign reserves rose by 12.74 percent to […]
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