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EconomyThisDay·31 May 2026

CBN: External Reserves Rise to $49.34bn as Naira Holds Firm Amid Stable Market Conditions

Reported by ThisDay on 31 May 2026. Read the summary below, then continue to the full story.

AY
Ayo Yusuf
ThisDay
Summary

*Says $2.34bn spent on food imports in 2025 despite decline in forex demand Festus Akanbi Nigerias external reserves have continued their upward trajectory, rising to $49.34 billion as the naira

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