Search

GDPR Compliance

We use cookies to ensure you get the best experience on our website. By continuing to use our site, you accept our use of cookies, Privacy Policy, and Terms of Service.

Advertisement

reserves

Nigeria’s economy improves as reserves add $13.6bn in 1 year

|
$200 million

…GDP expanded by 1.9% – Economists Despite the International Monetary Fund (IMF) belief that the Nigeria’s economy remained vulnerable after exited from its worst recession in 25 years, economists are confident that Africa’s largest economic recovery can take momentum into stronger economic growth in 2018, just as the external reserves appreciated by $13.603 billion in […]

External reserves gain $12.9bn in 1 year despite FX intervention

|
reserves

…Nigeria’s reserves rise to $38.73bn …Inflow from Diaspora remittances contributes to forex reserves As 2017 winds down giving way to 2018, Nigeria’s external reserves have recorded total gain of nearly 50 per cent or $12.9 billion in one year, despite continuous interventions by the Central Bank of Nigeria (CBN) in recent times to support the […]