Tag: External reserves

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Indicators Soar Further, As Investors Position In Safe Bets Ahead of Earnings Season

Indicators Soar Further, As Investors Position In Safe Bets Ahead of Earnings Season

Market Update for January 8 The nation’s equity market rally extended its momentum on Monday to breakout 52 week resistance level of 39,656.53 bas...
Nigeria’s External Reserves Hit $40.4bn, As CBN Injects $210m Into Interbank Market

Nigeria’s External Reserves Hit $40.4bn, As CBN Injects $210m Into Interbank Market

As projected by the Governor, Central Bank of Nigeria (CBN), Godwin Emefiele at the Annual Bankers’ Dinner of the Chartered Institute of Bankers (CIBN...
Nigeria’s External Reserve Soars $11.936bn Year-To-Date

Nigeria’s External Reserve Soars $11.936bn Year-To-Date

• Gains $2.834bn In 3 Weeks Nigeria’s external reserves recorded one of its most significant jumps this year, when it soared by a princely $2.834bn...
Investors, Traders Return Ahead Q3, Year-End Positioning, Economic Data Inflow

Investors, Traders Return Ahead Q3, Year-End Positioning, Economic Data Inflow

Market Update for October 16 The nation’s stock market had a positive, even if volatile Monday to start the week in consolidation of the three tra...
Investors Digest Economic Data Impact On Stocks, Amidst Wait For Budget 2017 Implementation

Investors Digest Economic Data Impact On Stocks, Amidst Wait For Budget 2017 Implementation

Market Update for September 6 Nigeria stock market rebounded at the end of midweek’s trading session, with the benchmark index in a positive come-b...
Fitch Assigns Nigeria ‘B+’ Rating, Flags Bloating Public Debt

Fitch Assigns Nigeria ‘B+’ Rating, Flags Bloating Public Debt

Fitch Ratings, on Thursday affirmed Nigeria's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B+' with a Negative Outlook which it says is ...
Nigeria’s External Reserves Appreciates By $1bn In August

Nigeria’s External Reserves Appreciates By $1bn In August

Latest data on the website of the Central Bank of Nigeria (CBN) indicated a $968.518m or 3.14% rise in the nation’s external reserves between July 31 ...
Forex: CBN Auctions $185.86m in Retail Secondary Market

Forex: CBN Auctions $185.86m in Retail Secondary Market

Following Tuesday’s assurance by Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), about intention to continue its robust intervention i...
Nigeria’s External Reserves Hits $29bn, Gains 12.21% YTD

Nigeria’s External Reserves Hits $29bn, Gains 12.21% YTD

Nigeria’s external reserves gained $826.338 million or 2.93% in two weeks according to data on the website of the Central Bank of Nigeria (CBN), as it...
Nigeria’s External Reserves Up By $2.278bn In January

Nigeria’s External Reserves Up By $2.278bn In January

Nigeria’s external reserves pool rose by $2.278 billion or 8.81% in January, closing at $28.121 billion on January 30, 2017, according to latest data ...
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