FX reserves seen reaching $51.04bn target despite Middle East turmoil
Nigeria’s foreign-exchange reserves are on track to climb toward $51 billion this year, underscoring a steady recovery in external buffers...
- Saturday, July 18, 2026
BusinessDay
Nigeria’s foreign-exchange reserves are on track to climb toward $51 billion this year, underscoring a steady recovery in external buffers...
Africa’s push to channel trillions of dollars in domestic capital into infrastructure and industrial development is being held back by...
The naira weakened to a 17-day low of N1,380.71 per dollar in the official foreign exchange (FX) market as liquidity...
Coronation Group Limited, an African financial services conglomerate, has announced that GCR Ratings has upgraded its national-scale long and short-term...
Nigeria’s naira has outperformed most of its African peers in 2026, even as the Middle East conflict adds volatility to...
The naira came under mild pressure last week in the official foreign exchange market as slowing liquidity and a steady...
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has announced a commitment from the Development Bank of Southern...
Moniepoint Microfinance Bank is shifting the narrative in Nigeria’s agency banking sector from expanding access to delivering deeper economic impact,...
British International Investment (BII), the UK’s development finance institution and impact investor, on Thursday launched its new five-year strategy, with...
Bank customers in Nigeria will pay N1,500 for Automated Teller Machines (ATM) debit card issuance and replacement from May 1,...