Federal lawmaker Gboyega Isiaka says Nigeria’s foreign reserves have climbed to $38.4 billion, crediting President Tinubu’s economic reforms.
Speaking in Abeokuta, Isiaka noted that tough decisions like fuel subsidy removal and forex unification are beginning to pay off, with reduced...
Nigeria’s foreign reserves have fallen for 33 consecutive days, dropping by $2.2 billion since January 6, 2025, when they stood at $40.92 billion, according to Bloomberg data.
This marks the longest decline since November 2022, bringing reserves to their lowest level since October 2024.
Analysts link the drop...
Nigeria's foreign reserves reached $40.08 billion on November 7, 2024, marking their highest point in nearly two years, as per Central Bank of Nigeria (CBN) data. This increase highlights the impact of recent CBN policies aimed at boosting foreign...
