Tag: ForeignReserves
A $46 Billion Bulwark: Nigeria’s Foreign Reserves Hit 7-Year High as Economic Reforms Gain Momentum
In a week that has already seen Nigeria projected to become Africa’s largest economy, a fresh set of data from the Central Bank of Nigeria (CBN) has provided the “hard math” to back up the optimism. On January 27, 2026, the CBN confirmed that Nigeria’s gross foreign exchange reserves have surged to $46 billion—the highest level…