Naira appreciates to N1,339.33/$1 on official market, best in 2 months
The exchange rate between the Naira and the Dollar at the official window saw a significant appreciation of 10.71% on ...
Tag: Foreign Exchange Reserves
Nigeria’s FX reserves reach three-week high, gain $262 million
Following several weeks of a downward trend, Nigeria's foreign exchange reserves have witnessed a marginal resurgence of about $262 million ...
Nigeria’s external reserve loses $24 million in first week of 2022
Nigeria’s external reserve dipped $24.3 million in the first week of the year to close at $40.49 billion as of ...
Naira: Analysts expect rate to hover around N440
Funding rates expanded significantly last week on the back of the N600 billion retail FX funding and CRR Debit.
Nigeria’s Foreign Portfolio investment to crash by $11.4 billion in 2020- IMF
The liquidity based indicators of the nation remain a concern, as they make Nigeria’s low debt-to-GDP ratio highly vulnerable to ...
