Billions in Nigeria’s Reserves, But Where is the Growth?

[Nigeria Communications Week - Nigeria] - 13/02/2026

By Blaise Udunze The moment the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, recently announced that Nigeria’s foreign reserves had inched to $49 billion as of February 5, 2026, the news was received with understandable enthusiasm. He described the development as “a very (…)

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