Nigeria’s net foreign reserves have risen to $49 billion in a remarkable sustained recovery from about $3 billion recorded in May 2023. Governor, Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, said the nation’s net foreign reserves hit $49 billion by February 5, 2026 as inflows from remittances, non-oil exports and other individual and institutional sources continued to provide strong buffers for the nation’s currency stability. Cardoso spoke yesterday in Abuja at the second edition of National Economic Council (NEC) Conference......................................….......READ MORE