Business Hilights

Tracking Nigeria's Headline Business News Online

external reserves

Why there had been no multiplier effects from rising external reserves now at $43.2bn

Development economists have given an inroad into why upon blossoming surge in the nation’s external reserves which recently hit $43.2bn on March 6, 2018, there has been no commensurate rise in the volume of foreign investors. Globally, one of the…

Why rising external reserves fail to attract real foreign investor

An Economist, Dr. Ken Igboanugo has given an insight as to why little or no foreign investors have decided to rely on the blossoming external reserves to arrive Nigeria for investment in recent time. The Central Bank of Nigeria (CBN)…