Nigeria’s Foreign Reserves hit $49bn, says CBN Governor

By Tony Obiechina, Abuja Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria, CBN, has disclosed that Nigeria’s foreign reserves have grown to $49 billion as of February 05, 2026. “This is obviously a very important statistic”, he said, noting that it’s a 4.93 percent increase in foreign reserves. According to him, “When we

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