Nigeria’s foreign reserves dropped to $38.483bn by May 31, 2022, a five per cent decline from $40.521bn reported by the end of December 2021, data on...
The IMF Executive Board has backed the proposal for a new general Special Drawing Rights (SDR) allocation equivalent to $650 billion to address reserves during the...
Despite a marginal rise in the price of oil, which caused Nigerian external reserves to increase slightly, the Naira was stable across the various markets in...
