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Business

Foreign reserves recorded a $16.45bn net inflow in seven months — Edun

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said on Thursday that Nigeria’s foreign reserves recorded a net inflow of...

Business

Nigeria raised foreign reserves by $4bn since January – Wale Edun

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said on Thursday the Federal Government has raised the country’s foreign reserves...

Business

Naira Falls To Two-Month Low Of N1,545 Despite Rise In Forex Reserves

The naira has depreciated to a two-month low to trade at N1,545 per dollar at the parrel market segment of the Nigerian Foreign Exchange...

Business

CBN reveals flaw in JP Morgan foreign reserves report

The Central Bank of Nigeria (CBN) has rubbished a report by JP Morgan on the status of Nigeria’s foreign reserves which sparked concerns over...

Business

BUSINESS ROUNDUP: FG, states, LGs share N786.1bn; Foreign reserves drop by 1.86%; other stories

Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital...

Business

Foreign reserves drop by 1.86% since Buhari’s exit. What you should know

Nigeria’s foreign reserves down by 1.86 per cent since President Bola Tinubu took over from Muhammadu Buhari on May 29, 2023.On May 26, Buhari’s...

Business

External reserves drop by $1.25bn as Nigerians dump Naira for Dollar amid scarcity

Amid the scarcity of Naira notes, Nigerians seem to be dumping the country’s currency for Dollar as the country’s external reserves went down by...

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Tag: foreign reserves

Live updates: Results of Ondo governorship election

Nigeria, India to sign MoU on collaboration...

Out-of-school Children’s Parent, Guardian In Abia Risks...

Whitley Inclusion Festival Celebrates Artistic Expression, Diversity

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