The Central Bank of Nigeria (CBN) says the gap between the official foreign exchange market and Bureau de Change (BDC)…
Browsing: External reserves
Nigeria’s external reserves declined by $114 million within one week, retreating from a recent peak of $52.04 billion despite remaining…
Nigeria’s external reserves have risen above the $52 billion mark, exceeding the Central Bank of Nigeria’s (CBN) projection for the…
Nigeria’s gross external reserves increased by approximately $1.22 billion in May 2026, closing the month at $49.58 billion, according to…
Nigeria’s gross external reserves rose to $49.49 billion as of May 15, 2026, recovering from $48.35 billion recorded at the…
Nigeria’s external reserves declined by approximately $855 million within five weeks, dropping from $49.18 billion on April 1, 2026, to…
Nigeria’s foreign-exchange reserves are on track to climb toward $51 billion this year, underscoring a steady recovery in external buffers…
The Nigerian naira extended its downward trend on Tuesday, closing at N1,383 to the US dollar amid renewed pressure in…
Nigeria’s external reserves declined by $731 million in the first three weeks of April 2026, underscoring persistent pressure on the…
The naira came under renewed pressure in the foreign exchange market on Thursday, weakening to N1,355/$ amid sustained volatility and…