Tag: FX Reserves
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...
FX Watch| Nigeria’s FX reserve depleted by US$60.27 million w/w, Naira...
SAT, JULY 08 2023-theGBJournal | Nigeria’s FX reserve continued to weaken for the seventh consecutive week, as the gross reserve position fell by US$60.27...