Nigeria’s foreign exchange reserves experience a sharp decline, falling by $832.62 million between January 6 and January 21, 2025, according to data from the Central Bank of Nigeria (CBN). This marks the biggest drop since April 2024, raising concerns about the country’s external liquidity and the stability of the foreign exchange market. CBN data shows … Continue reading Nigeria’s Foreign Exchange Reserves Drop By $832.62 Million In Two Weeks, Marking Largest Decline Since April 2024