Nigeria’s external reserves hit $39.34bn

Figures obtained from the Central Bank of Nigeria revealed that Nigeria’s external reserves as at Thursday July 7, 2022 stood at $39.34 billion. This represents 0.44% growth ($171 million) from $39.174 billion recorded on July 1, 2022. That is about $171 million gain in 6 days.

The reserves hit a low of $38.42bn in the month of June.

Year to date, Nigeria’s external reserve fell by 2.9% from $40.52 billion record in January 13, 2022 to $39.34 billion recorded in July 7, 2022.

Source: Nigeria’s external reserves hit $39.34bn – StocksWatch (stocksng.com)

Related Posts

07

Feb
Business & Economy

Consolidated Hallmark Holdings Plc grows profit by 513.7% to N23.13bn in Q4 2024

The Unaudited Financial Statements of Consolidated Hallmark Holdings Plc for the year ended 31 December 2024 revealed significant growth in the Company’s revenue and profit after tax. Gross Earnings of N28.17 billion was achieved for the 12 months period, up by 340.17% from the Gross Earnings of N6.4 billion recorded the previous year. Profit after tax of […]

07

Feb
Business & Economy

Fidelity Bank Plc increases share capital to N36.7bn

Fidelity Bank Plc has notified the Nigerian Exchange and the investing public that it has increased its issued share capital from N26.7 billion to N36.7 billion by creation of 20 billion additional Ordinary Shares of 50 kobo each. At the recently concluded Extra-Ordinary General Meeting, the board has been authorised to raise additional capital up to the[…]