FX rate for customs import duties rises again by N37
The exchange rate for import duties by the Nigeria Customs Service (NCS) continues to rise as it hits N1549 to ...
Tag: Nigeria’s foreign reserve
Nigerian Gold Bars add over $5 million to Nigeria’s foreign reserve assets – Dele Alake
The Minister of Solid Minerals Development, Dele Alake, announced that Nigerian gold bars transaction has boosted the country’s foreign reserve ...
Nigeria’s foreign reserve to drop to $24 billion in 2024 – IMF
In a concerning forecast by the International Monetary Fund (IMF), Nigeria's foreign reserve is expected to see a significant reduction, ...
Nigeria’s foreign reserves loses $3.43 billion in 2022
Nigeria’s foreign reserves closed out 2022 at $37.1 billion, losing $3.43 billion compared to the $40.52 billion at the beginning ...
Naira maintains steady gain at black market
Wednesday, 4th August 2021: The exchange rate between the naira and the US dollar closed at N411.50/$1 at the official Investors ...
Nigeria’s foreign reserves hit $36.8 billion, up 42% year to date
The much enjoyed foreign exchange stability, may remain for the foreseeable future as Nigeria’s foreign reserves have hit a year ...
Nigeria’s foreign exchange reserve grows by 4.17%
Despite the fact that Nigeria has been in recession since August last year due to lowered global prices, decrease in ...
