Central Bank Forecasts $51bn External Reserves In 2026

The Central Bank of Nigeria (CBN) has projected that the country’s external reserves will rise to $51.04 billion in 2026, supported by sustained foreign exchange market reforms, stronger export earnings, steady remittance inflows and improved domestic refining capacity. The projection is contained in the Bank’s Macroeconomic Outlook for Nigeria, 2026, titled “Consolidating Macroeconomic Stability Amid […]