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Analysis: The mystery of Nigeria’s falling reserves

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WED 04 AUG, 2021-theGBJournal- The Central Bank of Nigeria (CBN) on 27 June decided to discontinue supplying Bureau De Changes (BDCs) with FX and...

2021 Mid-Year Outlook: Cordros forecasts Nigeria’s real GDP to grow 2.63%...

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By Audrey Lotechukwu TUE 29 JUNE, 2021-theGBJournal- Cordros Research analysts said they expect Nigeria's economy to remain on the path of growth over the rest...

FX WATCH: Foreign exchange reserves fall to lowest level since November...

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SAT 12 JUNE, 2021-theGBJournal- Nigeria’s foreign exchange reserves sustained its decline, dipping USD122.75 million w/w to USD34.05 billion (9th June 2021) – the lowest...

FX WATCH: Naira ends worst week at N502/US$ as concerns linger...

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SAT 05 JUNE, 2021-theGBJournal- Lingering concerns about Nigeria-in spite of a more stable tone for the economy-and further weakness in foreign exchange inflows has...

Weekly FX Watch: Nigeria’s FX reserves depleted again by US$173.24 million...

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SAT 08 MAY, 2021-theGBJournal- Nigeria’s FX reserves position sustained its decline, as outflows from the reserves outstripped inflows. Thus, it dipped by USD173.24 million...

FX WATCH: Nigeria’s FX reserves sustain decline, drops by US$185.39 million...

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SAT 01 MAY, 2021-theGBJournal- Nigeria’s foreign exchange reserves sustained its decline as outflows from the reserves outstripped inflows. Thus, it dipped by USD185.39 million...

FX WATCH: FX reserves down US$131.97 million w/w to US$35.12 billion,...

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SAT 24 APRIL, 2021-theGBJournal- Nigeria’s FX reserves recorded its first decline in five weeks, as it fell by USD131.97 million w/w to USD35.12 billion...

FX WATCH: FX reserves records another week of accretion, grows by...

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SAT 17 APRIL, 2021-theGBJournal-Nigeria’s FX reserves recorded another accretion this week, as it grew by USD163.58 million w/w to USD35.20 billion (14th April 2021). The...

FX WATCH: Nigeria sees improvement in inflows as FX reserves grow...

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SAT 10 APRIL, 2021-theGBJournal- Nigeria’s FX reserves grew by USD131.61 million w/w to USD34.98 billion (7th April 2021) as inflows outstripped outflows. The naira appreciated...

FX WATCH: FX reserves drops by US$151.21 million w/w to US$34.44...

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By Audrey Lotechukwu SAT 20 MARCH, 2021-theGBJournal- Nigeria’s FX reserves position sustained its decline, as outflows from the reserves outstripped inflows. Thus, it dipped by...