The external reserves on Tuesday closed 2013 at $43.6bn, approximately $500m below the $44.1bn recorded on December 28, 2012. According to the latest figure on the Central Bank of Nigeria website, the reserves dropped to $43.6bn on December 30, 2013. The $43.6bn also shows that the reserves fell by about […]
Tag: Sanusi Lamido
Nigeria’s NNPC owes gov’t $12 bln, not $50 bln – cbank
* Cbank leaked letter said $50 billion unaccounted for * Finance, oil ministers held talks with cbank governor * Probes have found state-oil firm to lack transparency Nigeria’s central bank said on Wednesday the state-oil company NNPC had not paid $12 billion it earned from oil sales into government accounts, […]
External reserves fall by $3bn, hit one-year low
The nation’s external reserves have dropped to a record one-year low of $44.1bn, according to the latest data from the Central Bank of Nigeria. The statistics also indicated that the reserves had fallen by $3bn between August 14 and December 17. It was on December 28, 2012 that the reserves […]
