The Auditor-General of the Federation, Shaaka Chira, has asked the CBN, for an explanation for a missing $4.5 billion fund. According to an audit report...
Nigeria is leading South Africa in net foreign reserves as that of the West African country hits $47.37 billion in March to beat South Africa which...
The Central Bank of Nigeria reported during the week that Nigeria’s foreign exchange reserves hit $40 billion for the first time since January 2014, when it...
The much enjoyed foreign exchange stability, may remain for the foreseeable future as Nigeria’s foreign reserves have hit a year high of $36.8 billion according to...
The Speaker of the House of Representatives, Hon Yakubu Dogara, has queried the non-disclosure of the interest accrued on Nigeria’s foreign reserves accounts, saying inspite of...
Nigeria’s foreign reserves appreciated by $4.45 billion in the first three months (Q1) of 2017 as the Central Bank of Nigeria (CBN) sustained pressure in bridging...
…says pressure on the naira may continue unabated By ODUNEWU SEGUN WITH foreign reserves at lows of US$28.7 billion and oil prices fluctuating between $28 and...
Nigeria’s foreign reserves has dropped by another $445.4 million hitting an all-time low of $28.6 billion this week from the $29.101 billion recorded at the end...
Latest data released by the Central Bank of Nigeria has revealed that the net credit to the federal Government rose by 118.45% to N2.51tn, compared with...
