Business

Nigeria’s Foreign Reserves Hit $50.11 Billion — 17-Year High

Nigeria’s foreign reserves have risen to about $50.11 billion, a level described in multiple reports as the country’…

Business

Nigeria Surpasses OPEC Oil Quota as Crude Output Rises in May

Nigeria’s crude oil output rose in May and moved above its OPEC quota, according to reports citing industry data and t…

Business

CBN survey shows business confidence rose in May despite insecurity, high borrowing costs

Confidence ticks up, but firms are still wary Nigerian business confidence improved in May 2026, with the Central Bank o…