According to the CBN, the foreign reserves, which stood at $33.52bn as of April 30, 2020, rose to $36.59bn as of May 29, 2020.
The international oil price benchmark, Brent crude, which rose to as high as $70 per barrel in January, slumped to as low as $15.98 per barrel in April. “The moderate recovery in crude oil prices would reduce the pressure on the external reserves and government revenue,” he said.
So no more recession alert
Bros Na lie stop giving false hope
😁😁😁😁 We saved $3b and borrowed $30b.
But when it will be looted no one will come out to tell us . All thieves
Na so abacha start
And Naira is still devaluating, why?
Liessssss personified.
So why are we borrowing?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CBN Directs Banks To Resolve Backlog Of Electronic Transactions Within Two WeeksCBN Directs Banks To Resolve Backlog Of Electronic Transactions Within Two Weeks Two weeks is too much self The viral picture of a man you shouldn't associate with. Please share to save someone accessbank_help are reading this I have an unresolved issue of failed transaction since 29th March 2020. I even sent you a mail but you have not anything about reversing the money. cenbank
Source: channelstv - 🏆 7. / 63 Read more »
Nigeria’s Manufacturing PMI Declines To 42.4 — CBNNigeria’s Manufacturing PMI Declines To 42.4 — CBN Hope karma is watching what this govt is doing to our economy
Source: channelstv - 🏆 7. / 63 Read more »
BREAKING: Reps approve Buhari’s $22.7bn loan requestSinzu money strikes again Awon werey Ok oh .. congrat🙌
Source: MobilePunch - 🏆 8. / 63 Read more »
National Assembly approves Buhari’s $5.5bn budget loan, $22.7bn facility|h3 style= Sinzu spending Follow I Follow back This 9th assembly is all about approving money,that’s why they’re not throwing chairs Nd carry mace... We have really suffered. This man is just borrowing with reckless abandon
Source: MobilePunch - 🏆 8. / 63 Read more »
Economy contracted in May, says CBN reportI host forex training Join this group, thank me later
Source: MobilePunch - 🏆 8. / 63 Read more »
CBN issues new guidelines on failed bank transactions, refund complaintsThe Central Bank of Nigeria (CBN) has adjusted timelines for reversals and resolution of refund complaints on electronic channels. UBACares UBAGroup i am coming for you!!!
Source: PremiumTimesng - 🏆 3. / 78 Read more »