Nigeria’s external reserves have risen to $54.08 billion, crossing the $54 billion mark for the first time since December 2008. The latest figure, recorded as of September 3, 2026, represents an increase of about $8.51 billion from the $45.57 billion recorded at the beginning of the year. Data from the Central Bank of Nigeria (CBN), analysed by Nairametrics, showed that the reserves stood at $54,083,850,797.49 on September 3, compared with $53.99 billion on September 2 and $53.90 billion on September 1. The current reserve level is also approaching the $54.21 billion recorded in December 2008 during the previous oil boom. The steady accumulation has accelerated since the beginning of August,...

The Redeemed Christian Church of God (RCCG) has donated $265,854 to support the evacuation of 500 Nigerians seeking to return home from South Africa following xenophobic and Afrophobic attacks in the country. The Federal Government, through the Ministry of Foreign Affairs, expressed appreciation to the church for the donation, describing it as a demonstration of compassion and commitment to the welfare of Nigerians in distress. This was disclosed in a statement signed on Friday by the ministry’s spokesperson, Oluwafemi Adeniyi. According to the ministry, the donation will fund 500 one-way tickets for Nigerians seeking to return home from South Africa. The ministry described the gesture as a significant demonstration of...

Nigeria’s external reserves have risen to $54.08 billion, crossing the $54 billion mark for the first time since December 2008. The latest figure, recorded as...

The Redeemed Christian Church of God (RCCG) has donated $265,854 to support the evacuation of 500 Nigerians seeking to return home from South Africa...