Nigeria’s FX Reserves Hit $50.45bn, Boosting Investor Confidence
Nigeria’s gross external reserves rose to $50.45 billion as of February 16, 2026, Olayemi Cardoso announced at the conclusion of the Central Bank of Nigeria’s 304th Monetary Policy Committee (MPC) meeting in Abuja on Tuesday. The level marks the highest reserves position in more than a decade and provides an important cover of 9.68 months […]