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Home Economy/Technology

Nigeria’s foreign reserves down by $64m

Reserves

The Matters Press by The Matters Press
February 3, 2023
Reading Time: 1 min read
0
Africa’s remittance inflows hit $72b

Dollars

Nigeria’s foreign reserves have dipped by $63.62m in January, the Central Bank of Nigeria (CBN) outlined on its website

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The reserves that the external reserves which ended December 30, 2022 at $37.08bn fell to $37.01bn at the end of January 30, 2023.

Nigeria’s external reserves fell by $3.43bn in 2022 after dropping from $40.52bn as of the end of December 31, 2021.

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  • IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar
  • ANALYSIS: HOW TINUBU’S REFORMS TRIGGER HIGH REVENUE EARNINGS IN NIGERIA’S REAL SECTOR
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