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Nigerian external reserves

External reserves hit $40.63bn, gain $1.9bn in one month

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$200 million

… as CBN targets $60bn reserves in 2019 Despite continuous injections of US Dollar into the official foreign exchange market to support the local currency, the Nigerian external reserves during the first month in 2018, has recorded a whopping gain of $1.85 billion, while compared $40.625bn stood as at end of January 30, 2018 from […]

External reserves rise to $32.16bn

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* Gains $7.41bn in 12 months * Reserves enhancing weekly intervention-CBN Motolani Oseni, Lagos The Nigerian external reserves have recorded a whopping sum of $32.16billion as at September 22, 2017, indicating a total gain of $7.41bn in the last 12 months, statistics obtained from the Central Bank of Nigeria (CBN) has revealed. The latest apex […]