By Henry UmoruThe Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, told the Senate that the country’s external reserves stood at $52.73 billion on July 9, 2026, compared with $48.88 billion recorded in January.
Speaking on Wednesday in Abuja while appearing before the Senate Committee on Banking, Insurance and Other Financial Institutions, chaired by Senator Adetokunbo Abiru (APC, Lagos East), Cardoso said the 7.9 per cent increase in Nigeria’s external reserves refle