Nigeria’s Foreign Reserves Reach $53.2bn, Highest in Nearly 18 Years

Nigeria’s external reserves have risen to $53.2 billion, marking their highest level in nearly 18 years. The increase reflects stronger crude oil earnings, improved foreign exchange inflows, and more favorable conditions across the country’s external sector. Data from the Central Bank of Nigeria, CBN, indicated that the reserves reached $53.2 billion as of August 26….

Access Bank addresses rumors of its closure.

Access Bank Plc has vehemently refuted a circulating notice of alleged operational shutdown, which has been erroneously disseminated across social media platforms and popular messaging applications like WhatsApp. The financial institution has issued a strong assurance to its valued customers, stakeholders, and the wider public, emphasizing its robust financial standing and uninterrupted operational capacity. This…