After four straight months of decline, Nigeria’s foreign exchange reserves are beginning to stabilise, even as low crude oil prices persist. Data from the Central Bank of Nigeria (CBN) showed that external reserves fell to $37.9 billion by the end of April 2025, driven by a steep 16.74 per cent drop in crude oil prices—from … Continue reading FX Reserves Rebound Slowly Amid Falling Oil Prices And Structural Reforms