Fidelity bank card banner Camano banner
Nigeria’s external reserve declines by $1bn

By News Express on 13/09/2016

Views: 1,350


Nigeria’s external reserves have been depleted by one billion dollars in the last five weeks, according to the latest statistics from the Central Bank.

A Channels TV report said the decline was attributed to the regulator’s almost daily sale of currencies or interventions at the new floating foreign exchange market.

Africa’s largest oil producer sees its external forex reserves down by 2.86 per cent to $25.45 billion on August 29 up from $26.2 billion position at July ending.

•Photo shows Finance Minister Kemi Adeosun.

Source News Express

Posted 13/09/2016 10:07:16 PM

 

 

CLASSIFIED ADS

 

You may also like...
No going back on Computer-Based Test: JAMB

Military needs divine intervention to defeat Boko Haram,...

Anxiety as Boko Haram bride disappears after rescue...

Anambra carries out first heart surgery

CBN holds sensitisation fair in Port Harcourt, challenges...

N1bn claim: Court dismisses Nigerian Army’s preliminary objection...

Islamic State loyalists claim responsibility for Abuja suicide...

World Catholic body elects Nigerian Executive Director

Intervention, new online newspaper, debuts

Kwara APC rejects dissolution, says NWC’s declaration illegal...

Gov. Ajimobi restores 100 per cent state’s tertiary...

Bandits abduct North Korean doctor in Zamfara

 

Latest News Journalist shot, top police officer killed as Shiites, Police battle in Abuja Some people kicked against my appointment as Kaduna Commissioner for Internal Security and Home Affairs — Aruwan Popular actress faces cocaine charge Ihedioha's list of commissioners ready on Tuesday Tribunal dismisses suit against Senator Chimaroke Nnamani Many feared killed as bandits attack Katsina community Group establishes 5-Bed Pediatric Intensive Care Unit at UNTH •To extend gesture to other teaching hospitals in Nigeria’s six geo-political zones 14 million Nigerians on drugs - Pharmacists Council 151 repentant Boko Haram members freed to go home Nigerian teenager killed in South Africa Some Yoruba leaders will be first to flee if war begins – Junaid Mohammed How we rescued 55 persons kidnapped by bandits in Zamfara – Police

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (511,361 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (431,953 views) Shameless Genevieve Nnaji exposes breasts in public (374,087 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (317,109 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (282,916 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (247,487 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (239,763 views) 10 cars more expensive than Jets (224,842 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (221,592 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (209,154 views) Lagos plane crash: Journalist releases victims’ names (188,674 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (187,271 views)

 

NLNG Job Vacancy

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (97) Business & Economy (4,359) Business Verdict (76) Columnists (1,076) Complaints & Requests (95) Enterprise & Opportunities (211) Entertainment (636) Features (781) Global Business Monitor (396) ICT Monitor (54) International (3,737) Interview (194) Live Commentary (30) Love Matters (164) Maggie's Blog (342) News (48,955) Opinion (1,293) Pidgin (17) Politics (11,181) Religion (1,053) Sports (2,106) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera