Tag: CBN

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Nigeria Food Import Bill Falls to $2.34bn in 2025

The Nigeria food import bill fell to $2.34bn in 2025, down from $2.53bn the previous year, according to data from the Central Bank of...

External Reserves Hit CBN Target as Naira Slips

External reserves have climbed to the Central Bank of Nigeria's full-year target, with the country's foreign exchange buffer reaching about $51.04 billion in June...

Diaspora Remittances Fall in Q1, Says CBN Report

Diaspora remittances to Nigeria fell in the first quarter of 2026, according to the Central Bank of Nigeria's latest Balance of Payments report. Personal...

Nigeria’s Foreign Reserves Hit 17-Year High of $51bn

Nigeria's foreign reserves have climbed to a 17-year high of about $51 billion, marking a major milestone for the country's external finances. The build-up...

Nigeria Inflation May Ease to 15.8% in June, Analysts Say

Nigeria inflation may ease to about 15.8% in June 2026, analysts have projected, even as households continue to feel sharp cost pressures. The forecast...

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