Stella Dimoko Korkus.com: Nigeria’s Foreign Reserves Crash By One Billion Dollars

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Wednesday, September 30, 2015

Nigeria’s Foreign Reserves Crash By One Billion Dollars



The Central Bank of Nigeria has revealed in its data for the month of September that there has been a fall in Nigeria’s foreign reserves.

Foreign exchange reserves fell by 3.14 per cent to $30.48 billion by September 23 from $31.47 billion a month ago, central bank data showed on Wednesday.





According to PM News,The reserves of Africa’s top oil producer is now down 23.03 per cent from a year ago.


In August, the CBN indicated that foreign exchange reserves rose by $350 million to 31.43 billion. The reserves increase crossed $30 billion in July, rising by 5.6 per cent from 29.03 billion in June to N30.69 billion.


26 comments:

  1. Replies
    1. So gej left some money in our foreign reserves?
      Just asking sha!

      Krix via iPhone 6 gold
      (Oji motor eme ogo 1 na ala igbo)

      Delete
  2. Hahahahahahaha sai baba indeed

    ReplyDelete
  3. Abeg I don't just like this need. Naija is really broke. Imagine that some lecturers have not been paid for months, my mum inclusive. This whole thing is becoming very annoying. What is happening?

    ReplyDelete
  4. Change. I guess thats the change we are looking for. Isalright

    ReplyDelete
  5. Looting in disguise.
    In the name of "changi"

    ReplyDelete
  6. Economic meltdown looming.

    #WhiteDiamondOut

    ReplyDelete
  7. This our nation needs help.... God should intervene

    ReplyDelete
  8. I think say Baba magician would have fixed the country by now. No ministers name up till now. this is the end of september. it is well with my country nija

    ReplyDelete
  9. Buhari needs to buckle the f$ck up
    Wake up man
    We are loosing billions daily

    ReplyDelete
  10. ....and the drop is as a result of?.......

    ReplyDelete
    Replies
    1. Don't be surprised wen a blind sox follower says its gej's fault! Lol!!! Sai bubu

      Delete
    2. Falling crude oil prices. Simple. Nothing anyone could have done about it.

      Delete
  11. Hehehehe. Naija my country. We av a messiah so make una chill. Buhahahahahaha

    ReplyDelete
  12. Did Jonathan do any better? We had almost nothing in our reserve during his tiime!so pls cut Baba some slack you wailing wailers!its a slow process as it's not magic #rme

    ReplyDelete
    Replies
    1. No mind the mumus....the pertinent question wailers should be asking is: 1. how much was in the reserve when jonathan handed over In May...2.the money that was used in bailing out state workers where did it come out from, I guess from mama piss's anus

      Delete
    2. Who bailed who? You don't know ur facts.

      Delete

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