CBN projects Nigeria’s external reserves to hit $51.04bn in 2026 as FX pressure eases

NIGERIA’s external reserves are expected to climb to $51.04 billion in 2026 on the back of easing foreign exchange (FX) pressures, firmer oil receipts and resilient inflows from remittances and foreign investments, according to the Central Bank of Nigeria (CBN). The projection, contained in the CBN’s 2026 Macroeconomic Outlook for Nigeria released on Tuesday, compares […]