Tag: External reserves

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Nigeria’s External Reserves Up $3.716bn In March

Nigeria’s External Reserves Up $3.716bn In March

Despite the continued intervention in the country’s foreign exchange segment of the interbank market, data available on the website of the Central...
Nigeria’s Reserves Up By 8.58% In 9 Days, Hits $46bn

Nigeria’s Reserves Up By 8.58% In 9 Days, Hits $46bn

• I&E FX Window Attracts $33bn Since April 2017 Nigeria’s foreign reserves pool hit a new 54-month high of $46bn at the close of business on Friday...
Nigeria’s External Reserves Up 9.25% YTD, Closes Feb At $42.35bn

Nigeria’s External Reserves Up 9.25% YTD, Closes Feb At $42.35bn

Latest data available on the website of the Central Bank of Nigeria (CBN) shows that the nation’s external reserves closed at $42.354bn on February 27...
Nigeria’s External Reserves Hit $41bn, Rise 5.77% YTD

Nigeria’s External Reserves Hit $41bn, Rise 5.77% YTD

Latest data by the Central Bank of Nigeria (CBN) shows that the nation’s external reserves rose to $41.005bn as of February 7, 2018, up by $320.317m o...
Rencap Revises Nigeria’s 2018 GDP Growth Forecast To 2.9%

Rencap Revises Nigeria’s 2018 GDP Growth Forecast To 2.9%

Renaissance Capital (Rencap), a top-ranked investment banking firm founded in Russia and operating several countries across the globe, on Tuesday revi...
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...
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