Nigeria’s External Reserves Hit Eight-Year High As Oil Output And Prices Stabilise

Nigeria’s foreign exchange reserves have climbed to their highest level in eight years, supported by increased crude oil production and relative stability in global commodity prices. Central Bank of Nigeria (CBN) data show that the country’s gross external reserves rose to $46.012 billion as of January 22, 2026. Of this figure, 1.18 percent represents blocked … Continue reading Nigeria’s External Reserves Hit Eight-Year High As Oil Output And Prices Stabilise