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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 %
3/21/2023  35,841,664,495  34,850,033,276  991,631,219 

2.77%

3/20/2023  35,867,588,998  34,877,243,050  990,345,948 

2.76%

3/17/2023  35,978,434,819  34,992,133,211  986,301,608 

2.74%

3/16/2023  36,021,799,157  35,037,318,336  984,480,821 

2.73%

3/15/2023  36,077,699,485  35,094,443,042  983,256,442 

2.73%

3/14/2023  36,135,039,901  35,151,500,872  983,539,029 

2.72%

3/13/2023  36,196,998,063  35,213,674,903  983,323,160 

2.72%

3/10/2023  36,388,943,074  35,404,360,341  984,582,734 

2.71%

3/9/2023  36,414,834,992  35,429,154,251  985,680,741 

2.71%

3/8/2023  36,442,971,431  35,454,907,841  988,063,590 

2.71%

3/7/2023  36,470,906,760  35,481,019,109  989,887,651 

2.71%

3/6/2023  36,515,610,299  35,524,408,854  991,201,445 

2.71%

3/3/2023  36,612,679,267  35,617,355,089  995,324,178 

2.72%

3/2/2023  36,648,578,649  35,650,745,951  997,832,698 

2.72%

3/1/2023  36,656,047,017  35,655,556,606  1,000,490,410 

2.73%

2/27/2023  36,678,837,822  35,670,665,910  1,008,171,912 

2.75%

2/24/2023  36,698,009,335  35,675,709,870  1,022,299,465 

2.79%

2/23/2023  36,706,991,312  35,679,923,532  1,027,067,780 

2.80%

2/21/2023  36,724,035,984  35,689,727,439  1,034,308,544 

2.82%

2/20/2023  36,733,880,699  35,696,828,092  1,037,052,607 

2.82%

2/17/2023  36,760,796,945  35,718,924,369  1,041,872,575 

2.83%

2/16/2023  36,778,628,221  35,734,372,845  1,044,255,376 

2.84%

2/15/2023  36,794,556,843  35,747,560,159  1,046,996,684 

2.85%

2/14/2023  36,808,626,945  35,761,517,815  1,047,109,130 

2.84%

2/13/2023  36,817,284,240  35,770,686,518  1,046,597,722 

2.84%

2/10/2023  36,820,837,039  35,776,364,852  1,044,472,187 

2.84%

2/9/2023  36,820,793,069  35,776,332,306  1,044,460,763 

2.84%

2/8/2023  36,820,937,100  35,776,347,091  1,044,590,009 

2.84%

2/7/2023  36,856,217,913  35,810,684,878  1,045,533,035 

2.84%

2/6/2023  36,898,023,487  35,853,024,437  1,044,999,050 

2.83%

2/3/2023  36,988,807,940  35,943,816,817  1,044,991,124 

2.83%

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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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