reserves

Nigeria’s foreign reserves dip to $38bn

Nigeria’s foreign reserves dropped to $38.483bn by May 31, 2022, a five per cent decline from $40.521bn reported by the…

4 years ago

IMF okays new $650bn SDR allocation

The IMF Executive Board has backed the proposal for a new general Special Drawing Rights (SDR) allocation equivalent to $650…

5 years ago

Naira remains stable across markets

Despite a marginal rise in the price of oil, which caused Nigerian external reserves to increase slightly, the Naira was…

5 years ago

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