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Tag: Nigeria foreign reserves

CBN Names Nigerian Banks That Have Met the New Capital Requirements
July 16, 2026July 16, 2026Business

Nigeria’s Foreign Reserves Rise Above $51bn, but Will This Strengthen the Naira?

Nigeria’s foreign exchange reserves have climbed above $51 billion, giving the Central Bank of Nigeria a stronger financial buffer as it works […]

CBN Recapitalisation:
June 23, 2026June 23, 2026Business

Nigeria’s External Reserves Rise to $49.6bn on Strong Oil Receipts and Foreign Inflows

Nigeria’s external reserves climbed to $49.6 billion in May 2026, supported by stronger oil receipts, foreign portfolio inflows and renewed confidence in high-yield naira assets.

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