Tag: FX Reserves

THUR, JULY 06 2023-theGBJournal | The naira remains on the back foot against the US dollar as FX demand continues to outstrip supply. The demand...

SAT, JUNE 17 2023-theGBJournal |Nigeria’s FX reserves remained pressured this week, declining by US$194 million w/w to US$34.62 billion (15 June). Likewise, the naira depreciated...

SAT, JUNE 10 2023-theGBJournal |Nigeria’s FX reserves declined further this week, as the gross reserves level declined by N137.97 million w/w to N34.88 billion...

SAT. 18 MARCH 2023-theGBJournal | This week, Nigeria’s FX reserves decreased by USD311.24 million w/w to USD36.08 billion (15 March). The naira depreciated by 0.1% to N462.83/USD...

SAT, 14 MAY, 2022-theGBJournal | Nigeria’s FX reserves dipped by $234.81 million w/w to USD39.07 billion (11 May 2022). Across the FX windows, the...

SAT 09 APRIL, 2022-theGBJournal|  Nigeria’s FX reserves increased by USD84.25 million w/w to USD39.63 billion (6th April 2022). Given inflows from the recently issued...

SAT 05 FEB, 2022-theGBJournal- Nigeria's FX reserves sustained its descent as it closed lower by USD136.84 million w/w, to USD39.98 billion (3rd February 2022)....

SAT 29 JAN, 2022-theGBJournal- Nigeria’s FX reserve sustained its descent for the twelfth consecutive week, declining by USD163.80 million to USD40.15 billion (27th January...

SAT 11 SEPT, 2021-theGBJournal- The accretion to Nigeria's FX reserves was sustained for the second consecutive week, as it closed higher by USD441.63 million...

SAT 07 AUG, 2021-theGBJournal- Nigeria’s FX reserves closed higher for the third consecutive week, as the gross reserves position increased by USD137.23 million w/w...