The volatility of Nigeria’s foreign exchange market seems to be heading towards the 2015 crisis era as the naira has further depreciated to N450 to a...
Anytime we hear about foreign reserves, we just learn about the movement in the reserves, whether upwards or downwards. But there is more to the concept....
A new report by Fitch has downgraded Nigeria's Long-Term Foreign-Currency Issuer Default Rating (IDR) to a 'B' rating.
Nigeria’s external reserves have continued to decline unabated as it shed $3.33 billion within the last 3 months.
In Nigeria, Coronavirus possesses a different kind of imminent threat which could cost economies even more.
The CBN confirmed the external reserves stood at $39.8 billion, the first time it has dropped below $40 billion in almost two years.
Nigeria’s External Reserves plunge to $40.03 billion as devaluation concerns brew
Nigeria’s external reserves depleted by $2.9 billion between August and September. This is reflected in the data obtained from CBN website.
Nigeria's external reserves have rallied and hit $45bn mark in May 2019, which represents 8months high. This is revealed in data obtained on the Central Bank...
Within the last decade, crises in emerging markets have not only underscored the importance of maintaining adequate external reserves, it has also underscored the need to identify its...
