What constitutes Nigeria’s external reserves?
Anytime we hear about foreign reserves, we just learn about the movement in the reserves, whether upwards or downwards. But ...
Anytime we hear about foreign reserves, we just learn about the movement in the reserves, whether upwards or downwards. But ...
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 ...
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 ...
Within the last decade, crises in emerging markets have not only underscored the importance of maintaining adequate external reserves, it has also ...