Agency report Nigeria’s external reserves dropped by $216.85 million within four days, buckling under the heightening inflationary pressure. This is according to the latest data from...
OBINNA EZUGWU Nigeria’s external reserves drop by $1.4bn in two months, falling from $35.25bn as of April 16, to $34.23bn as of May 31 and $33.85bn...
Adebayo Obajemu Report has indicated that Nigeria’s external reserve fell by $261 million in 15 days as the Central Bank has marginally increased sale of forex in...
CBN devalues naira to N380/$ at BDC segment Expect more depreciation, say, analysts By FELIX OLOYEDE The vagueness surrounding the coronavirus pandemic which has crippled many...
…as CBN adopts strategies to curtail slide By JULIUS ALAGBE The continuing slide in the level of the country’s foreign reserves is raising fresh anxiety over...