Nigeria’s foreign reserves

Nigeria’s Foreign Reserves Drop for 33 Consecutive Days, Raising Concerns over Naira Exchange Rate Stability

Nigeria’s Foreign Reserves Drop for 33 Consecutive Days, Raising Concerns over Naira Exchange Rate Stability

Nigeria’s foreign reserves have been on a downward trajectory for 33 consecutive days. According to data compiled by Bloomberg, the… Read More

5 months ago

Bismarck Rewane: Naira Recovery Not Sustainable, Don’t Get Carried Away

In recent months, the Nigerian naira has shown signs of appreciation, trading at approximately ₦1,502.50 per dollar in the official… Read More

5 months ago

What Has Happened to the $45 billion Foreign Reserves Left Behind by Obasanjo?

Former Nigerian President Olusegun Obasanjo has stated that he boosted the country’s foreign reserves from $3.7 billion in 1999 to… Read More

9 months ago