Naira rally cools as liquidity tightens, reserves slip
The naira came under mild pressure last week in the official foreign exchange market as slowing liquidity and a steady ...
Tag: Foreign reserve
FX Market Stronger Despite $1.37bn Reserve Dip, Cardoso Assures
. Says Nigeria’s reserves remain above IMF safety threshold ...Targets $1bn monthly diaspora inflows as FX liquidity improves Governor of ...
Naira rebounds to 1,376.19/$ as CBN resumes dollar sales
…External reserves hit $50.01bn on CBN website The naira has rebounded to N1,376.19 per dollar after depreciating for 15 consecutive ...
Nigeria’s external reserves drop by $1.19bn in 3 weeks
Nigeria’s external reserves declined significantly by about $1.19 billion in the last three weeks plus. This is according to the ...
FX inflows of $2.3bn fails to shore up external reserves
FX inflows of $2.3bn fails to shore up external reserves Nigeria’s economy recorded a higher net foreign exchange (FX) ...