Tag: FX Reserves
Turnover at the Autonomous Foreign Exchange Market falls 8.6% WTD to...
SAT, NOV 18 2023-theGBJournal|The naira depreciated by 1.5% to N791.75/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM), with total turnover at the market...
AVCA stakeholders highlight power of Private Capital for sustainable development at...
...Participants see strong correlation, not conflict, between impact and returns
SAT, OCT 14 2023-theGBJournal|The African Private Capital Association (AVCA) held its second Sustainable Investing in...
FX Watch| FX reserves sees first accretion in weeks, Naira falls...
SAT, OCT 14 2023-theGBJournal|Nigeria’s FX reserves recorded accretion this week for the first time since 19 May 2023, as gross reserves increased by USD1.72...
FX Watch| Naira strengthens by 178 bps w/w to N741.85/$ at...
SAT, OCT 07 2023-theGBJournal| The value of the Naira to the dollar strengthened by 178 bps week-on-week to print at N741.85/$ this week at...
FX Watch| Nigeria’s Gross FX reserves level falls further as Naira...
SAT, AUGUST 19 2023-theGBJournal |Nigeria’s FX reserves declined further this week, as the gross reserves level dropped by US$37.45 million w/w to close at...
Analysis | CBN’s 2022 financial statement reveals Nigeria’s true FX reserves
TUES, AUGUST 15 2023-theGBJournal |Using the gross FX reserve (USD 33.88 billion) as of 10 August and holding the pre-determined contactual foreign currency obligations...
Inflows into I&E Window from local investors falls by 60.6% m/m...
SAT, AUGUST 05 2023-theGBJournal |According to the data obtained from FMDQ, total inflows into the Investors & Exporters Window (IEW) declined by 65.7% m/m...
FX Watch| Naira ends week at N775/$ as Fx reserves drops...
SAT, JULY 29 2023-theGBJournal |Nigeria’s FX reserve declined by US$19.20 million w/w to US$33.95 billion (26 July).
Meanwhile, the naira appreciated by 0.3% to...
Nigeria’s FX reserves falls by US$58.63 million w/w as currency pressures...
SAT, JULY 22 2023-theGBJournal |Nigeria’s FX reserves sustained its downtrend this week, falling by USD58.63 million w/w to USD33.98 billion (19 July).
Through the week,...
FX Watch| Naira remains on the back foot, drops 3.4% to...
SAT, JULY 15 2023-theGBJournal |This week, Nigeria’s FX reserves decreased by US$2.01 million w/w to US$34.06 billion (12 July).
Analysis of CBN’s data during pre-COVID...