The nation’s external reserves have dropped to $44.35, according to the latest figure from the Central Bank of Nigeria. The development makes the external reserves a few millions of dollars closer to a 12-month low of $44.2bn. A research has said that the amount the CBN is offering for sale […]
Tag: External Reserve
External Reserves Down to $44.519 Billion
Nigeria’s external reserves slipped to $44.519 billion as at December 9, 2013. The current value of the forex reserves represents a decline by $869 million this quarter, compared with the $45.388 billion it was as at October 2. Data compiled from the Central Bank of Nigeria (CBN) also showed the […]
External reserves may drop to $44bn – Analysts
The nation’s external reserves, which have been falling in the last few weeks, may drop to $44bn any time from now, financial analysts say. Two weeks ago, the foreign reserves fell to the $45bn mark, after hovering between the $46bn and $48bn marks for several months, according to data posted […]
