Nigeria’s Foreign Reserves Rise For First Time Since 12 February - Business - Nairaland
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| Nigeria’s Foreign Reserves Rise For First Time Since 12 February by olokfor(op): 3:17pm On Mar 08, 2016 |
Nigeria may be turning a corner in its dollar reserves, as data published by the Central Bank of Nigeria shows a rise since 12 February. Nigeria opened the year on 4 January with $28.978billion in the reserves. Four days after, the figure fell to $28.895 billion . By 12 February it was $27.839 billion, falling further to $27.820 billion on 3 March. According to the CBN latest data, it increased to $27.841 billion, the first significant increase since 12 February. The increase is linked with the rising prices of crude oil, Nigeria’s main foreign exchange earner. Brent crude today held steady in Asia at $40.43 , a major difference, compared to the below $30 slump in January and February. http://www.metronaija.com/2016/03/nigerias-foreign-reserves-rise-for.html cc: lalasticlala |
| Re: Nigeria’s Foreign Reserves Rise For First Time Since 12 February by feldido(m): 3:22pm On Mar 08, 2016 |
Celebrating 21 million rise?  |
| Re: Nigeria’s Foreign Reserves Rise For First Time Since 12 February by doyinisaac(m): 5:35am On Mar 09, 2016 |
feldido:In a sane country 12million dollars can be used to achieve some things...... 1 Like |
| Re: Nigeria’s Foreign Reserves Rise For First Time Since 12 February by modath(f): 6:28am On Mar 09, 2016 |
doyinisaac:Why are you trying to rain on his parade nah, his sort are not here for good news abeg... The programme for "them" is "never applaud anything positive about Nigeria" & over magnify & rejoice at any negative.... |
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