Naira appreciates to N1,625/$1 in parallel market, N1,588.50/$1 at official
The naira appreciated to N1,625/$1 in the parallel market on Tuesday, up slightly from N1,627/$1 recorded on Monday, according to ...
Tag: Nigeria’s External Reserves
Nigeria’s FX reserves gain $364 million in two weeks, first steady climb since January peak
Nigeria’s external reserves have recorded a sustained rebound for the first time in 2025, rising by $364 million between April ...
Nigeria’s FX reserves exceed $35 billion, first time under Tinubu administration
Nigeria’s external reserves have increased yet again, reaching $35.05 billion as of July 8, 2024.
Nigeria’s external reserves surge to $34.66 billion, highest level in 13 months
Nigeria’s external reserves have increased yet again, this time by $1.88 billion to $34.66 billion as of July 4, 2024, ...
Nigeria’s external reserves surges to $34 billion, first time since March
Nigeria's external reserve rose hit a new milestone in June rising to $34.07 billion,the highest level since March 2024.
Nigeria’s external reserves falls to 18 months low
Nigeria’s gross external reserve has fallen to $35.74 billion dollars as of March 24, 2023. This is the lowest balance ...
Central Bank of Nigeria to spend $1.7billion to clear FX backlogs by September – IMF
The World Bank has stated that Nigeria's external reserves are expected to decline as the CBN is expected to clear ...
CBN blames the decline in external reserve on the high cost of imported refined petroleum products
The Central Bank of Nigeria has attributed the drop in Nigeria's external reserves to the high cost of imported refined ...
Naira gains at NAFEX window as oil prices make rebound
Naira gained against the US dollar on Monday 19th April 2021 to close at N410.33/$1 as crude oil prices gained.
Naira crashes to N450 to $1 at parallel market amid fx scarcity
The volatility of Nigeria’s foreign exchange market seems to be heading towards the 2015 crisis era as the naira has ...
