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Movement In Reserves

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The Movement in Reserves (30-Day Moving Average with effect from November 2011)

The evolution of the foreign exchange market in Nigeria has been influenced by a number of factors such as the changing pattern of international trade, institutional changes in the economy and structural shifts in production. Prior to the establishment of the Central Bank of Nigeria (CBN) and the enactment of the Exchange Control Act of 1962, foreign

Before:   

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Date Gross Liquid Blocked %
4/25/2018  47,361,932,275  46,633,998,043  727,934,232 

1.54%

4/24/2018  47,333,934,687  46,606,883,464  727,051,223 

1.54%

4/23/2018  47,297,372,528  46,571,243,185  726,129,343 

1.54%

4/20/2018  47,171,628,080  46,448,472,742  723,155,338 

1.53%

4/19/2018  47,127,796,388  46,405,733,320  722,063,068 

1.53%

4/18/2018  47,081,645,634  46,360,713,261  720,932,373 

1.53%

4/17/2018  47,036,167,405  46,316,388,908  719,778,497 

1.53%

4/16/2018  47,009,456,868  46,291,074,717  718,382,151 

1.53%

4/13/2018  46,917,346,676  46,203,029,809  714,316,867 

1.52%

4/12/2018  46,881,737,511  46,168,691,925  713,045,586 

1.52%

4/11/2018  46,845,672,037  46,133,935,261  711,736,776 

1.52%

4/10/2018  46,798,173,793  46,087,625,853  710,547,940 

1.52%

4/9/2018  46,753,388,199  46,044,007,124  709,381,074 

1.52%

4/6/2018  46,631,215,747  45,925,022,621  706,193,125 

1.51%

4/5/2018  46,592,100,458  45,886,995,625  705,104,833 

1.51%

4/4/2018  46,554,122,232  45,850,038,280  704,083,953 

1.51%

4/3/2018  46,506,539,094  45,803,573,006  702,966,088 

1.51%

3/29/2018  46,257,182,161  45,558,777,305  698,404,855 

1.51%

3/28/2018  46,208,868,997  45,511,290,828  697,578,170 

1.51%

3/27/2018  46,166,526,391  45,469,773,203  696,753,189 

1.51%

3/26/2018  46,041,428,266  45,345,341,551  696,086,715 

1.51%

3/23/2018  45,658,659,443  44,961,297,517  697,361,926 

1.53%

3/22/2018  45,514,358,633  44,816,727,855  697,630,778 

1.53%

3/21/2018  45,360,962,231  44,662,994,409  697,967,822 

1.54%

3/20/2018  45,207,776,827  44,509,377,304  698,399,523 

1.54%

3/19/2018  45,055,358,785  44,356,528,550  698,830,236 

1.55%

3/16/2018  44,599,725,576  43,899,740,551  699,985,025 

1.57%

3/15/2018  44,468,021,704  43,767,737,775  700,283,929 

1.57%

3/14/2018  44,333,718,867  43,633,221,261  700,497,606 

1.58%

3/13/2018  44,201,760,547  43,501,092,459  700,668,088 

1.59%

3/12/2018  44,078,896,852  43,378,021,846  700,875,006 

1.59%

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Facts : 1/1/1900
Operation Feed the Nation (O.F.N.):Operation Feed the Nation was introduced by the federal military government headed by General Olusegun Obasanjo in 1979.It had the specific focus of increasing food production on the premise that availability of cheap food would ensure a higher nutrition level and invariably lead to national growth and development.OFN lasted till the civilian government of Alhaji Shehu Shagari in 1979.
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