Naira ends September at lowest exchange rate in seven months at parallel market
The Naira closed September 2024 at N1,541 on the official NAFEM window, reflecting a slight improvement compared to its performance ...
Tag: Foreign Reserve
Bullish crude oil pushes Nigeria’s foreign reserve to $39.6 billion
Nigeria’s foreign reserve recorded a rare appreciation in April 2022, gaining $32.52 million in the month to close at $39.58 ...
Weekly Indicators: GDP data expected this week as inflation, FX heats up Nigerian economy
The NBS' CPI report for the month of March 2022, showed that Nigeria’s inflation rate quickened to a five-month high, ...
Nigeria’s foreign reserve falls to $39.9 billion in February 2022 amid Russia-Ukraine row
Nigeria’s foreign reserve dropped to $39.86 billion as of the end of February 2022, representing a 0.44% decline compared to ...
Nigeria’s foreign reserve maintains bullish pace with gains of over $5 billion in October, 2021
Nigeria's foreign (external) reserve rose in the immediate past month of October, recording a boost of $5,037,825,197 as at 29th ...
Naira gains at official FX market as foreign reserve records first decline in over 2 months
Monday, 1st November 2021: The exchange rate between the naira and the US dollar closed at N414.98/$1, at the official ...
How Nigeria’s foreign (external) reserves rose to $40 billion
Nigeria's foreign reserve rose to $40 billion last week, for the first time in about 23 months, after gaining $566.45 ...
Nigeria’s foreign reserve surpasses $40 billion, hits highest level in 23 months
Nigeria’s foreign reserve (also known as external reserve) crossed the $40 billion mark on 18th October 2021, after gaining $566.45 ...
Nigeria’s foreign reserve records $2.76 billion boost in September 2021
Nigeria’s foreign reserve received a boost of $2.76 billion in the month of September 2021 to close at $36.78 billion ...
Naira slumps to N545/$ at black market as hoarding and speculative buying intensifies
Friday, 10th September 2021: The exchange rate between the naira and the US dollar closed at N412/$1, at the official Investors ...
