₦airaland Forum

Nigeria's foreign exchange reserves decreased to $38.5 billion by the end of February 2025.

The foreign exchange reserves have been steadily declining since January 2025, which has also seen a coincidental 14% increase in the Naira's value.


https://www.youtube.com/watch?v=1FTVhKb0GiY?si=KSPs78IScpC6X6Xu

FYI. Nlfpmod.

This is the confirmation we needed to know that the dollars are being burnt to make the naira rise artificially as we see in recent times

Ruke1989:
This is the confirmation we needed to know that the dollars are being burnt to make the naira rise artificially as we see in recent times

The same thing they maligned Emefiele for is the exact same thing they are doing. In fact, they are doing worse and mismanaging the economy

Spending 8 billion dollars to defend the naira is just nothing short of crazy.

That money can do a lot of good in many sectors of Nigeria.