Tag: Central Bank of Nigeria

Nigeria’s FX Reserves Hit $41 Billion, Highest Level Since 2021

Reserves climbed 3.69% in August to reach new milestone First time since December 2021 that reserves crossed $41 billion CBN credits improved oil output, exports, and capital inflows Nigeria’s foreign…

Sodiq Olaitan

Forex Reserves Drop To $36.32bn On High Dollar Demand

      Nigeria's foreign exchange reserves have declined to $36.32bn as of August 29, 2024, according to data released by the Central Bank of Nigeria. This marks a decrease…