Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

Nigeria's foreign exchange reserves now stand at $36.57 billion, having increased sharply from $33.42 billion as of April 29, 2020.

Naira crashes further at the parallel market due to dollar scarcity, lowest since 2017, Naira drops to N454, foreign investors and importers struggle for dollars

Naira drops to N454 against a dollar, as foreign investors, importers struggle for dollars

by Olumide Adesina

May 15, 2020

Naira weakened today at the black market as dollar trading at N454 to $1 as demand increased from foreign investors and ...

Why Nigeria is experiencing its worst inflation in 21 years

Avoiding 2016: What Nigeria should do to fight the coming economic storm

by walesmit

March 24, 2020

As most countries hunker down into some form of isolation to battle COVID-19, financial markets have been hit by a ...

CBN pays $4.45 billion external debt to World Bank, others in 2-month

by Bamidele Samuel Adesoji

March 24, 2020

Latest data obtained from the CBN reveals that Nigeria paid a whopping sum of $4.45 billion as external debt service/payment ...

FG targets $150 billion revenue from Zero-oil plan, Olusegun Awolowo

Foreign reserves to rise by $150 billion

by Chike Olisah

March 6, 2020

The Executive Director/CEO of NEPC, Olusegun Awolowo disclosed that Nigeria plans to increase its foreign reserve by $150 billion over ...

Foreign reserves drop by $4.45 billion in 2019

by Titobioluwa Okunade

January 1, 2020

The country’s foreign reserves dropped by $4.45 billion from the $43.07 billion recorded in January 2019 to $38.61 billion in ...

CBN Gov Godiwn Emefiele, Nigeria’s foreign reserves CBN

Nigeria’s foreign reserves shed $1 billion, biggest fall in 17 months

by Bamidele Samuel Adesoji

August 27, 2019

Nigeria’s foreign reserves depleted by $1 billion in August 2019, this is reflected in data published on the Central Bank ...

CBN's Standing Deposit Facility, Banks' loans to Oil and Gas, Power, other sectors drop by N411.8 billion , CBN confirms N500 and N1000 as two most counterfeited banknotes in Nigeria

Emefiele vows to defend the foreign reserves over $9 billion court ruling

by Bamidele Samuel Adesoji

August 20, 2019

As concerns grow among foreign investors over the state of Nigerian economy following the recent $9 billion court ruling, the Central Bank of Nigeria ...

Nigeria signs African Trade Insurance Agency agreement, Xenophobia, FG returns tollgates sixteen years after Obasanjo scrapped it from federal roads

British Court orders Firm to seize $9 billion Nigerian assets over Gas dispute

by Bamidele Samuel Adesoji

August 16, 2019

A British court has granted an Irish Firm, Process and Industrial Developments Ltd (P&ID) the right to seize $9 billion in assets ...

Foreign reserves, Nigeria’s External reserves

Nigeria’s external reserves slip below $45 billion in just two months

by Bamidele Samuel Adesoji

August 7, 2019

Nigeria’s external reserves have continued to drop in recent weeks and officially slipped below $45 billion, the height it climbed ...

Tag: Foreign reserves