FOREX inflow into Nigeria surges by 64% to $30 billion in Q3 2021
The amount of foreign exchange that came into Nigeria in Q3 2021, skyrocketed by 64% to $30.18 billion compared to ...
Tag: SDRs
Nigeria’s foreign reserve could surpass $40 billion by September – EFG Hermes
Nigeria’s foreign reserve has been projected to surpass the $40 billion threshold by September 2021, following the $3.35 billion direct ...
Latest $3.3 billion IMF loan, Eurobond sales may strengthen Nigeria’s exchange rate by year end
A combination of Eurobonds and the IMF Facility could increase Nigeria’s external reserves by close to $10 billion.
Nigeria gets $3.35 billion SDR allocation from IMF in a boost to external reserves
The allocation which was approved on Monday aims to boost global liquidity at a time when the world is grappling ...
