Foreign Reserves Archives

Nigeria’s Net Reserve Hits $23bn, Highest In Over Three Years — CBN

GISTSMATE 012 hours ago05 mins

Nigeria’s Net Foreign Exchange Reserve (NFER) as of the end of 2024 stood at $23.11 billion, the highest level in over three years, reflecting a substantial improvement in the country’s external liquidity, reduced short-term obligations, and renewed investor confidence. A statement by the Central Bank of Nigeria (CBN), the increase marked an increase from $3.99…

Nigeria’s Foreign Reserves Rose To $39 Billion In October – Cardoso

GISTSMATE 016 months ago08 mins

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the country’s foreign reserves rose by 12.74 percent to $39.12 billion as of October 11. Cardoso spoke on Tuesday when he appeared before the house of representatives committee on banking regulation. The CBN governor said the country’s reserves stood at $34.70 billion at the…

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Nigeria’s Net Reserve Hits $23bn, Highest In Over Three Years — CBN

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Foreign Reserves

Nigeria’s Net Reserve Hits $23bn, Highest In Over Three Years — CBN

Nigeria’s Foreign Reserves Rose To $39 Billion In October – Cardoso