See every side of every news story
Get Started
SubscribeLogin
Israel-Hamas Conflict
Tariffs
Natural Disasters
Trade War
Donald Trump
Social Media
Baseball
Stock Markets
Artificial Intelligence
Education
Soccer
Trade
Property
Published • loading... • Updated

Nigeria’s Foreign Reserves Dip by $2.57bn in Q1 2025 Amid Mounting Debt Servicing Costs

Summary by National Daily Newspaper
Nigeria’s gross foreign exchange reserves recorded a significant decline of $2.57 billion in the first quarter of 2025, representing a 6.29% decrease over the three-month period, according to data released by the Central Bank of Nigeria (CBN). Figures available on the CBN’s official website show that the country’s FX reserves, which stood at approximately $40.88 billion on January 2, 2025, fell to $38.31 billion by the end of March. This steady …
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

2 Articles

All
Left
Center
Right
National Daily NewspaperNational Daily Newspaper

Nigeria’s Foreign Reserves Dip by $2.57bn in Q1 2025 Amid Mounting Debt Servicing Costs

Nigeria’s gross foreign exchange reserves recorded a significant decline of $2.57 billion in the first quarter of 2025, representing a 6.29% decrease over the three-month period, according to data released by the Central Bank of Nigeria (CBN). Figures available on the CBN’s official website show that the country’s FX reserves, which stood at approximately $40.88 billion on January 2, 2025, fell to $38.31 billion by the end of March. This steady …

Read Full Article
Pointblank NewsPointblank News

FG spent $816M on debt servicing as FX reserves dropped by $2.57bn in Q1 2025

Daniel Adaji Nigeria’s foreign exchange (FX) reserves experienced a decline of $2.57bn in the first quarter of 2025, reflecting a 6.29 per cent drop over the three-month period. This is just as data published by the Central Bank of Nigeria (CBN) revealed that Nigeria spent a total of $816m on foreign debt servicing during the first two months of 2025.   Of this, $540m was spent in January, while $276m was allocated for debt servicing in Februar…

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Pointblank News broke the news in on Friday, April 4, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

Nigeria

Nigeria

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.

News
For You
SearchBlindspotLocal