foreign reserves
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Economy
Nigeria’s External Reserves Gain $551m in May as FX Outlook Strengthens
Nigeria’s foreign exchange reserves have rebounded strongly in May 2026, rising by approximately $551 million after sustained pressure throughout April,…
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Economy
Nigeria’s B3 Horizon: Stable Outlook Ahead
Moody’s Ratings has upgraded the Government of Nigeria’s long-term foreign currency and local currency issuer ratings to B3 from Caa1…
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News
Naira’s Resilience: Steady Amidst FX Inflows, Global Market Volatility
The Nigerian local currency, the naira, traded on a relatively steady note against the US dollar at the Nigerian Foreign…
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Economy
Nigeria’s Economy: Glimmers of Hope
Taimur Samad, the World Bank’s Acting Country Director for Nigeria, has stated that the Nigerian economy is improving due to…
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