03/03/2026

Net reserves jump 772% to $34.8bn in two years

Net reserves, however, strip out short-term liabilities and obligations, providing a clearer picture of the portion of reserves that is readily available to defend the naira and meet external commitments.

02/24/2026

Best news for the rand in three years

The rand has been bolstered by soaring precious-metals prices, a stable and reform-driven coalition government and signs of an economic recovery.

02/19/2026

Nigeria’s W’Bank IDA debt hits $18.7bn

The latest figures place Nigeria as the third-largest borrower in the IDA portfolio, behind Bangladesh ($23.0bn) and Pakistan ($19.4bn), among the top ten countries with the highest exposures.