Central Bank of Nigeria (CBN) has released the balance of payment statement for the 4th quarter of 2018.
CBN REPORT
Some of the highlights are:
- Q4 2018 records
an overall BOP
surplus - Current account
is in surplus - Export earnings
increase slightly
while imports
decreased - The Financial account indicated a
net acquisition of
financial assets - Both Foreign Direct Investment
inflows and Foreign Portfolio inflows decreased - External reserves
decreased slightly
FIND DOCUMENT: https://www.cbn.gov.ng/Out/2019/STD/BOP%20Highlights%20Q4%202018_%2007-03-2019.pdf