Tag: External Reserves

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Unease as external reserves fall to $37.66bn, edge toward resistance level

Unease as external reserves fall to $37.66bn, edge toward resistance level. The latest figure on the Central Bank of Nigeria website

External reserves fell $576 million in January, edge toward resistance level

External reserves fell $57.6 million in January, edge toward resistance level. Weak inflow, high usage of dollar inflow into the nation’s external reserve has reduced the external buffer for defending the Nigeria’s local currency, naira.

Naira stable despite decline in Oil prices, foreign reserves

Naira stable despite decline in Oil prices, foreign reserves

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