CBN: Foreign reserves can fund 16 months of imports

The Central Bank of Nigeria (CBN) says the current state of the nation’s foreign reserves can…

Nigeria’s foreign reserves hit $47bn 

By Omotilewa Quadri  Nigeria’s foreign reserves have continued to grow significantly with latest figures by the…

CBN targets $50bn in foreign reserves

The Central Bank of Nigeria (CBN) on Monday revealed that Nigeria’s foreign reserves hit $47.37 billion…

Nigeria’s foreign reserves rebound to $25.8b in New Year

With persistent and gradual gains in the last three months, the nation’s foreign exchange (forex) reserves…

Foreign reserves hit $25bn – first time in five months

Nigeria’s foreign exchange reserves is back at the $25 billion mark, for the first time in five…

Crave for foreign goods depletes our foreign reserves – Lai Mohammed

The Minister of Information and Culture, Lai Mohammed, has said that Nigerians’ crave for consumption of…

Nigeria’s foreign reserves plunge to $24.74bn

The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, says Nigeria’s foreign reserves have…

Nigeria’s foreign reserves plunges to $24.74bn

The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, says Nigeria’s foreign reserves have…

Petrol imports deplete reserves by $3b

The foreign reserves have declined by $3 billion to $39.72 billion in the last 30days, according…

..