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Nigeria’s External Reserves Hit 13-Year High of $50.45bn, Says CBN Governor

Nigeria’s gross external reserves climbed to $50.45 billion as of 16 February 2026, marking their highest level in 13 years, according to the Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso. Cardoso disclosed this on Tuesday while addressing journalists at the end of the 304th Monetary Policy Committee (MPC) meeting held in Abuja. […]

NNPCL Under Forensic Audit as Edun, Cardoso Defend Reforms in Washington

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has disclosed that a forensic audit of the Nigerian National Petroleum Company Limited (NNPCL) is currently underway. Speaking at the Nigeria Investment Forum held on the sidelines of the World Bank/IMF Spring Meetings in Washington, D.C., Edun said the audit aims to […]

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