Reserves
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Naira Stability and Rising Reserves: How Nigeria’s FX Reforms Impact Citizens
Nigeria’s recent foreign exchange (FX) reforms are beginning to show tangible effects, with increased stability in the naira and a significant rise in...
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DYK: Nigeria’s Energy Vault has 37.28bn Barrels of Oil, 210.54 TCF Gas Declared
Did you know that in a landmark declaration that positions Nigeria as a formidable force in the global energy landscape, the Nigerian Upstream...
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Foreign Reserves Surge to Three-Year High, CBN Reports
Nigeria’s net foreign exchange reserves (NFER) have reached a significant milestone, climbing to $23.11 billion by the end of 2024, marking the highest...
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Africa Oil’s Nigeria Surge: Doubling Output and Reserves
Canada’s Africa Oil Corporation (AOI.TO) is set to dramatically expand its footprint in Nigeria’s lucrative deep-water oil sector. The company’s impending acquisition of...