Nigeria’s foreign reserves dip $990.98mn in three weeks

Nigeria’s foreign reserves have dropped by $990.98 million over the past three weeks, latest information on the reserves hosted on the Central Bank of Nigeria’s (CBN’s) website has indicated. The external reserves, which stood at $47.11 billion at the end of last month, declined to $46.128bn on August 24, 2018. A few days earlier, precisely […]

Nigeria’s external reserves dip $394mn in two weeks

Nigeria’s foreign exchange reserves dropped to $47.303 billion on Wednesday to $47.303 billion, representing its lowest level in three months. Available data on the nation’s foreign reserves position provided by the Central Bank of Nigeria showed that the reserves, which stood at $47.697 billion on July 11, dropped by $394 million to ebb at $47.303 […]