Grace Adeleke Social Democratic Party presidential candidate, Prince Adewole Adebayo, has accused President Bola Tinubu …
Read More »Nigeria’s net reserves jumped 772% to $34.8 billion as Cardoso credited policy reforms
Nigeria’s foreign exchange reserves recorded a sharp increase by the end of 2025, with net reserves reaching $34.80 billion, according to Central Bank Governor Olayemi Cardoso. In a statement issued by the CBN on Monday, Cardoso explained that gross and net reserves showed “significant increases by the end of 2025, reflecting stronger external sector fundamentals and ongoing policy reforms.” He …
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