Category : Search result: Nigeria external reserves


Trump Won't Rule Out Military Action in Venezuela

US President Donald Trump declines to rule out war with Venezuela, amid naval build-up and tanker seizures. Tensions rise over oil, China ties, and Maduro's regime. Read the full analysis.

CBN Injects $250M to Stabilise Naira as Reserves Hit $45.4B

The Central Bank of Nigeria intervenes with $250 million to ease dollar scarcity and steady the naira. Nigeria's FX reserves rise to a six-year high of $45.44 billion, strengthening the CBN's hand. Read the full analysis.

Naira resilient despite festive dollar demand surge

The Nigerian naira shows resilience against heightened US dollar demand during the festive 'Detty December' season. CBN's external reserves rise to $45.44 billion, providing crucial support. Experts analyze market dynamics and future outlook.

Naira Drops to N1,454/$1 Amid Festive Dollar Demand

The Nigerian naira weakened against the US dollar, closing at N1,454/$1 as festive season demand spikes. CBN data shows a weekly decline, though rising reserves offer hope. Full analysis inside.

Naira Strengthens as Dollar Inflows Surge Over 64%

The Nigerian Naira receives a significant boost as dollar inflows into the FX market jump by 64.24% to $841.10 million, improving liquidity and strengthening the official rate. Read the full analysis.

AfDB approves $500m loan for Nigeria's budget

African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.

Nigeria: Not a Third World Country, Data Reveals

Discover why Nigeria defies the outdated 'third world' classification. Explore economic data, development indicators, and Nigeria's true global standing in this comprehensive analysis.

Ghanaian shocked by Nigeria's power outages

A Ghana-based fashion designer reveals shocking electricity problems in Nigeria during her visit. Lights go off 5 times daily, neighborhoods noisy from generators. Read her full experience.

Best VPN Service in Nigeria: NordVPN Review

After 4 weeks of testing across Lagos, Abuja & Port Harcourt, discover why NordVPN is Nigeria's top choice for security, speed & streaming international content.

Trump Calls Nigeria 'A Disgrace' Over Violence

Former US President Donald Trump escalates criticism of Nigeria, calling it a 'disgrace' over Christian killings. He threatens to cut subsidies and take military action. Read more.

MSF expands diphtheria response in Northern Nigeria

Médecins Sans Frontières escalates diphtheria intervention across Borno, Kano, and Bauchi states amid rising cases. Learn how the health crisis is unfolding and what's needed to contain it.

US Congressman: Christians Persecuted in Nigeria

US Congressman declares severe Christian persecution in Nigeria, cites 17,000 deaths since 2019, questions US aid, and links crisis to Nnamdi Kanu's detention despite court orders.

Naira Recovers Against Dollar as FX Reserves Soar

Naira strengthens against US dollar after recent decline, closing at N1,452.13. Nigeria's foreign reserves hit $46.7 billion, highest in 7 years. Traders expect continued volatility despite positive indicators.

US Lawmakers Divided Over Trump's Nigeria Actions

US Congress debates Trump's designation of Nigeria as Country of Particular Concern amid conflicting views on religious persecution. Key lawmakers disagree on characterization of violence.

Page 1 of 4