3 d. ago “Under Tinubu, Nigeria’s Foreign Reserves Have Reached $40 Billion” — Actor Saidi Balogun Explains Support For Tinubu

Nollywood star Saidi Balogun has declared his support for President Bola Tinubu’s administration, describing it as one that is “successfully driving a transformative agenda for Nigeria.” In a recent interview on Nollywood On Radio, Balogun responded to the heavy criticism directed at the current government, outlining why he chooses to support its policies. He maintained […] The post “Under Tinubu, Nigeria’s Foreign Reserves Have Reached $40 Billion” — Actor Saidi Balogun Explains Support For Tinubu appeared first on Information Nigeria.

Politics

9 d. ago Naira Sees Slight Improvement In August With Reserves Rising

The naira recorded a marginal gain against the dollar in August, supported by a boost in Nigeria’s external reserves and rising foreign exchange inflows from foreign portfolio investors (FPIs) and diaspora remittances. The local currency closed the month at N1,531.57 in the official foreign exchange (FX) market, reflecting improved liquidity conditions. By the end of […]

Politics

1 week ago Nigeria’s $41 billion foreign reserve rise: A watershed moment for economic recovery and stakeholder confidence

Nigeria’s foreign exchange reserves have surged to $41.046 billion as of August 20, 2025, marking the highest level since December read more Nigeria’s $41 billion foreign reserve rise: A watershed moment for economic recovery and stakeholder confidence

Economics

2 w. ago Experts: How CBN can sustain Nigeria’s foreign reserves rebound

By Chinwendu Obienyi Nigeria’s external reserves have staged a remarkable rebound, rekindling hope in the country’s macroeconomic stability and the Central Bank of Nigeria (CBN)’s resolve to restore credibility to monetary policy. With the gross official reserves climbing to $41.08 billion as of August 21, 2025, up 12.65 per cent year-on-year, the general consensus among […] The post Experts: How CBN can sustain Nigeria’s foreign reserves rebound appeared first on The Sun Nigeria.

Politics

2 w. ago Reforms: How FX inflows, price stability keep reserves above $40.7b mark

By Michael Nwadike Nigeria foreign reserves hit $40.72 billion on August 13, 2015. The increase in reserves was driven largely by rising forex inflows and marginal increase in crude oil output. According to the latest figures published on the Central Bank of Nigeria (CBN) website, the gross reserves moving average stood at $39.3 billion on […] The post Reforms: How FX inflows, price stability keep reserves above $40.7b mark appeared first on The Sun Nigeria.

Politics

2 w. ago External Reserves Surge Driven By Policy Reforms, Refinery Exports, Investor Confidence –Economist

Nigeria’s foreign reserves have witnessed a welcome increase, a development attributed to a combination of strategic economic policies and renewed investor confidence, according to Dr. Chukwunenye Kocha, a financial economist at Rivers State University and member of the Board of Economists on the National Economy. Recall that LEADERSHIP reports that external reserves have surged to […]

Politics

2 w. ago Analysts Forecast Stronger Naira As External Reserves Hit $41bn

Nigeria’s external reserves have surged to $41 billion, marking the highest level in four years and signalling a promising boost for the country’s economic stability and currency strength. According to the latest data released by the Central Bank of Nigeria (CBN), Nigeria’s foreign exchange reserves stood at $41.046 billion as of 20 August 2025 — […]

Politics

2 w. ago Nigeria’s Foreign Reserves Rise To $41bn, Highest Since 2021

Buoyed by increasing foreing exchange inflows into the country, Nigeria’s foreign exchange reserves has hit $41.046 billion as at August 20, 2025, according to latest data released by the Central Bank of Nigeria (CBN), the highest it has been since December 2, 2021. The reserves had since the ending of 2021 been on the decline […]

Politics

4 w. ago CBN: FX buffers rise as offshore inflows lift reserves above $40bn

…Naira outlook looking positive –Analysts By Chinwendu Obienyi Nigeria’s foreign exchange reserves rose for the fifth consecutive week to hit $40.16 billion as improved inflows from foreign portfolio investors and the Central Bank of Nigeria’s interventions bolstered the country’s FX buffers, raising hopes for short-term currency stability. Data from the CBN showed that gross reserves […] The post CBN: FX buffers rise as offshore inflows lift reserves above $40bn appeared first on The Sun Nigeria.

Politics