Nigeria’s external reserves record decline of 0.63 percent

05/21/2022 26

Nigeria’s external reserve lost $246.25 million during the week, representing a 0.63% decline from $39.04 billion.
The decline in the external reserve level can be attributed to the continuous intervention by the Central Bank in the FX market in order to ensure the stability of the local currency.

Written by: bossgmsi

Rate it

World

French President reshuffles cabinet

French President, Emmanuel Macron has announced a new Cabinet. The appointment of a new foreign minister is part of the reshuffled lineup behind France’s first female prime minister in 30 years. According to the Prime Minister Elisabeth Borne, the Cabinet’s top priority will try to secure the parliamentary majority that Macron needs to implement his policy proposals. France’s parliamentary election to determine seats in the National Assembly is being held across […]

05/21/2022 39