Naira Holds Steady around N1,367/$ as CBN interventions, strong reserves and market measures help support Nigeria’s foreign exchange stability
Africa’s Reserve Rankings place Nigeria fourth with $49.4bn in international reserves, behind Libya, South Africa and Egypt in the 2026 report
Nigeria’s Foreign Reserves rose to $51.89bn as inflation eased to 15.91% in June, according to the Central Bank of Nigeria and NBS
Naira strong gain continues as the currency appreciates 13.5% year-on-year despite a marginal decline against the dollar in May 2026
Nigeria food import bill declined to $2.34bn in 2025, reflecting reduced import reliance and a shift in foreign exchange allocation
Personal loans hit N1.96tn in January 2026, accounting for more than half of Nigeria’s consumer credit, according to the CBN
Lower interest rates are preferred by most Nigerians ahead of the CBN MPC meeting, according to the latest inflation survey
CBN warns states to cut overdrafts and unsustainable borrowing to support Nigeria’s inflation-targeting policy framework
Nigeria fixed income market outlook 2026 turns mixed as liquidity supports yields while Middle East tensions and inflation pressures raise risks
Ehi Braimah says Nigeria investor confidence is rising as reforms attract capital despite security concerns and global economic pressures