Private Sector Credit Hits N83.43 Trillion Record - CBN

External Reserves Accumulate to 17-Year High of $50.12bn

Nigeria’s gross external reserves have climbed to a historic 17-year high of 50.12 billion dollars, recording an extraordinary 30.9 per cent expansion year-on-year. Data from the Central Bank of Nigeria shows that the current liquid buffer has reached its highest operational peak since late 2009. This massive accretion represents a substantial increase of nearly 12…

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Private Sector Credit Hits N83.43 Trillion Record - CBN

CBN Projects 4.49% GDP Growth, 12.94% Inflation as Nigeria’s Economy Shows Signs of Stabilisation

  Nigeria’s economy is exhibiting early signs of stabilisation, with the Central Bank of Nigeria projecting stronger growth and easing inflation for 2026 amid ongoing structural and monetary reforms that have begun to reshape the country’s macroeconomic landscape. In its latest macroeconomic outlook, the apex bank forecast that Gross Domestic Product will expand by 4.49…

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